Question
Is Zakaat payable on houses which yield rental income?
Answer
Zakaat is not paid on houses which are used for living or for generating rental income. If the house is purchased with the specific intention of reselling, then Zakaat is payable on it.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 25 No 11
- PDF page
- 4
Appears under DHUHA SALAAT (approximate).