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Zakat / When should the Zakat on rentals be paid?

When should the Zakat on rentals be paid?

publish date : 2014-09-07 11:24 AM | Views : 928
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Question

Dear respected Shaykh, assalamu alaikum wa rahmatullahi wa barakatuh. When should the Zakat on rentals be paid?

متى تزكى أموال الإيجارات؟

Answer

ترجمة جواب الفتوى:   Praise be to Allah, and may Allah’s peace and blessings be upon the Messenger of Allah, his family and his companions. Wa alaikum assalam wa rahmatullahi wa barakatuh. As to what follows: In response to your question, we say:   The Zakat on property whose rentals are collected by an agent is calculated from the time that they deposited to the agent’s account, because their being in the agent’s account does not invalidate the property owner’s right to them. However, if the agent delays in transferring the rentals or is dishonest, as happens sometimes whereby some agents do not transfer the money for a year or two years, then these rentals take the ruling of money that is owed by a dilatory debtor. The Zakat for them should be paid when the owner gets the money

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