4 Rabi al-Awwal 1442

Assalmualikum I have purchased last year an apartment on instalment & I have paid 1/2 of the total price of apartment.Balance amount will be paid to landlord in instalment in coming 2years. This apartment is on rent and I am getting rent income from the property. How to calculate Zakat on this property? Do I have to calculate Zakat on amount paid for th property or pay Zakat on rent income

By admin
In Uncategorized
Jun 8th, 2016
0 Comments
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Wa alaikum salam,

The zakat is on the rent if it completes one year in your possession.

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