Question
I intend to buy a property for rental income. Do I have to pay Zakaat on the value of the property?
Answer
No, there will be no Zakaat payable on the land which you will buy for rental income.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 26 No 10
- PDF page
- 9
Appears under LONG HAIR? (approximate).