Question
I have purchased a property. The amount is in trust at the lawyer. It will be paid to the seller when the house is transferred to me. If by the time my Zakaat is due, the house has not yet been transferred, do I have to pay Zakaat on this amount?
Answer
Yes, Zakaat has to be paid on the amount kept in trust by the lawyer. As long as transfer has not been effected, the money remains your property.
Download issue PDF EPUB
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 27 No 06
- PDF page
- 2
Verbatim verified against the source PDF
Appears under INTERFAITH KUFR AND IRTIDAAD. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.