Faraz Rabbani – Weekly Q&A Do I Have to Pay Zakat on Rent Received from a Property

03 April 2024

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AI: Summary ©

The customer asks about payable on rent received from properties and the valley, to which the agent responds that earnings are considered with other category of properties, including trade good properties. The agent recommends the Seeker's Guidance Islamic Schzik Fund for valuing an asset like the property.

AI: Summary ©

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			There's a question. Is

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			payable on rent received from a property

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			or on the valley?

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			Yes.

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			Earnings.

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			So property

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			is not zakatibul

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			unless it's a trade good, which is separate

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			matter, but just normal property that one owns.

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			But if you have earnings from your property,

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			then that's considered with the other zakatibul categories.

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			Seeker's Guidance, of course, has a very useful

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			zakat calculator as well. And if you're looking

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			to give your zakat, strongly consider the Seeker's

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			Guidance Islamic Scholars Fund for your zakat.