Question
I have bought a property. Payment will be on the day of transfer. The money is in my possession. Is Zakaat payable on this amount?
Answer
You have to pay Zakaat on the money which is still in your possession.
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- Source
- themajlis.co.za
- Published in
- The Majlis Vol 26 No 06
- PDF page
- 4
Verbatim verified against the source PDF
Appears under HARAAM HAIRCUTS. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.