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Document Details
Document Type
:
Article In Journal
Document Title
:
Zakat on the Financial Rights of a Participant in a Housing Project
زكاة الحقوق المالية للمشترك في مشروع سكني
Subject
:
Discussion Papers
Document Language
:
Arabic
Abstract
:
This brief paper discusses whether the participant in a housing project is subject to pay zakat. It concludes that the participant himself, and not the association administering the project, is indeed required to pay zakat. The participant must pay zakat until he is clearly assigned (or has legally obtained) a specific house in the project. From then on, he is no longer liable to zakat, because a house for own use is not subject to zakat. If the participant however had from the beginning the intention of using the house for trade, then the house would be subject to zakat as an item for trade.
ISSN
:
1018-7383
Journal Name
:
Islamic Economics Journal
Volume
:
2
Issue Number
:
1
Publishing Year
:
1410 AH
1990 AD
Article Type
:
Article
Added Date
:
Sunday, October 11, 2009
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
محمد الزحيلي
Muhammad Zuhaili
Researcher
Files
File Name
Type
Description
21151.pdf
pdf
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