28 November 2020   12. Rabi-us-Thaani 1442

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Fatwa - Zakat on money saved for house building

Q: We don't have our own house but we have a plot and some saved money for construction purposes. We understand that we don't have to pay Zakat on a piece of land, but we not sure about the money saved which is still not enough for construction purposes.

A:

The money saved will be added to one's other Zakaatable assets when working out and calculating one's Zakaat.
 
 
Iftaa Department, Darul Ihsan Islamic Services Centre
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Nisab

23/11/2020

  • Mahr Fatimi: R19 959.53
  • Minimum Mahr: R399.19
  • Zakaah Nisaab: R7983.81
  • Fidya: R20.00

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