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Thursday, September 17, 2009

Zakaat on Immovable Property

Q: Is zakaat payable on fixed or immovable property?

A:
Zakaat is not payable on fixed or immovable property. The income (if any) derived from them is Zakatable if the other conditions of Zakaat becoming compulsory are found.

Checked and approved by: Mufti Siraj Desai