Question
We bought a property a few years ago. The funds were paid over to the lawyer. Till now no transfer has happened. The lawyers then said to us that an agreement was signed with the seller to hand over funds to him for a discount. The funds were handed over to the seller by the lawyers. Are we liable to pay zakaat on these funds which were given to the conveyance lawyer? Note be that these funds have already been given to the seller.
Answer
Since the funds have been given to the seller, he has become its owner in terms of the Shariah. The funds given to him are the purchase price for the property. Hence, the buyer does not have to pay Zakaat on it.
The buyer was liable for the Zakaat until the time the funds were not given to the seller.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 27 No 08
- PDF page
- 4
Verbatim verified against the source PDF
Appears under PILED INTO HELL-FIRE. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.