Buying shares in lands as people do nowadays


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Q 14: Is Zakah (obligatory charity) due on the cars that people use, as some people keep their cars for more than one lunar year? How should the Zakah be paid on a car? Is the Zakah due on the value of a car when it was bought or on its current value?


A: If a car is bought as an acquisition or to be used, no Zakah is due on it.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.




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