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dha phase 8,

(81972)
   Zafar mufti
Saturday, June 7, 2014 03:41 AM 
Reply: >
Can you please evaluate the price of dha phase8 v1188 should I hold or sell it and what is projection in two years thanks for your opinions
OLM replied on Saturday, June 7, 2014 08:44 AM 

Beech Dhy
Raju Bun Gaya Gentleman replied on Saturday, June 7, 2014 11:33 AM 

Do i need to give Zakat on current plot rates or the rate i purchased ? also on all property i have to give Zakat ?
zahid replied on Saturday, June 7, 2014 12:17 PM 

U have to pay zakat on the the rate of that day when u r paying. Not on purchased rate.
Jazak Allah replied on Saturday, June 7, 2014 01:49 PM 

On one year old rate because zakat is due on the amount or asset remain in your possesion for one year. Zakat is due to pay on the property not in your use. No zakat on house or plot which you purchased to make your house even you have another house.
Nadeem replied on Sunday, June 8, 2014 05:17 AM 

Thanks in advance, if someone can tell that Zakat due on files or no?
Lahore Real Estate replied on Monday, June 9, 2014 12:27 PM 

Dear Zafar Sahib,
DHA Phase 8 Near V 1188 is valued around 130 Lacs

Ch Saeed
Lahore Real Estate
03224333661
Email:Info@LREPK.Com
CS replied on Tuesday, June 10, 2014 04:41 AM 

Jazak Allah,

As you told that Zakat is applicable on one year old rate.
Lets suppose if last year rate was 100 and this year dropped to 60.
Then we have to pay zakat based on 100???
Ubaidullah replied on Wednesday, June 11, 2014 09:57 AM 

File is like bond, certificate, paper, which has a value, so Zakat will be applicable on file, in my opinion. You can have Aalim's opinion at:
or at
Ubaidullah replied on Saturday, June 14, 2014 03:16 PM 

There is a different opinion than mine in fatwa found in the link given in another discussion of Zakat, which says Zakat is applicable after total possession of the property. You can check:

http://www.askimam.org/public/question_detail/21487

You can also take Mufti's opinion by sending your question regarding Zakat on file.
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