Should One Give Zakat For The Means Of Production?

Should one give zakat for the means of production?

Means of production are not subject to zakat. If the products or the income produced by these, alone or together with the other goods, reach nisab amount and one year passes in possession, they become subject to zakat at the rate of 1/40 (2,5%).

Source: Presidency Of Religious Affairs The Turkey, High Board of Religious Affairs FATWA

Is A Real Estate Agent Obliged To Give Zakat Of The Real Estates That Are Owned By Him?

Is A Real Estate Agent Obliged To Give Zakat Of The Real Estates That Are Owned By Him?

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