Zakaat on property
Q:
- If we have bought land at a cost of 10lakhs & we kept that land for a period of 6 years & then we sold at 26.5 lakhs. Do we have to give zakaat on that 6 years? Do we have to give zakat on the profit we got from it? How much do we have to give 2.5%, less or more?
- If I have a property and no income is coming from that property then do I have to give zakaat on cost of that property?
- I have a house in which i am not living, but i rented that house. Do I have to give zakaat on the rent I am getting from that house?
- We have to give zakaat on gold no doubt. On what rate do we have to give zakaat? On the present rate or on the rate at which we bought it?