Q&A: If someone sells his home with the intention of using that money to buy his new home, does he need to pay zakat on it?

Question: If someone sells his home with the intention of using that money to buy his new home – however, one year elapses, does he need to pay zakat for that money? This individual is still intending to use that money to buy his new home? Answer: Bismillah. When calculating one’s zakatable assets, all gold, silver […]