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The question

Is Zakat obligatory on the value of the car or on the monthly income derived from it?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

is not obligatory on the value of the car itself. Rather, it becomes obligatory on its rental income if it reaches the (minimum threshold) either on its own or by combining it with other assets, and a full year (hawl) has passed on it. The amount of zakat is 2.5%, and its nisab is equivalent to 85 grams of gold or 595 grams of silver.

Summarized from the full answer at Ftawy · imported

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Ftawy
Original fatwa ID
52395
Imported
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Source text, unreviewed
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