Requires detailWorship · Zakat
Do I have to pay zakat on my property?
The answer
In essence, only the following categories are zakātable:
In short: personal belongings such as a house are not zakatable.
Explanation
1) Gold and silver
2) Cash
3) Merchandise
4) Agricultural products
5) Animals and livestock
Personal belongings such as a house, car and clothes are not subject to zakāt.1
And Allah knows best.
Mufti Faraz Adam
References
1وَلَيْسَ فِي دُورِ السُّكْنَى وَثِيَابِ الْبَدَنِ وَأَثَاثِ الْمَنَازِلِ وَدَوَابِّ الرُّكُوبِ وَعَبِيدِ الْخِدْمَةِ وَسِلَاحِ الِاسْتِعْمَالِ زَكَاةٌ؛ لِأَنَّهَا مَشْغُولَةٌ بِحَاجَتِهِ الْأَصْلِيَّةِ وَلَيْسَتْ بِنَامِيَةٍ. اهـ. (رد المحتار ج 2 ص 262 أيج أيم سعيد)
Based on the Hanafi school and on the question as it was asked. Another mufti may reach a different conclusion. Read the disclaimer.