Fatwa: Zakat on houses, shops and leased land
--answered by Sayyid Allama Muhammad bin Abdul-Azeem al-Houthi
There is a difference of opinion. The majority say that there is no zakat paid on these things. Abu Ja'far al-Husami claimed that there is consensus that zakat is not paid on these things. However, the scholars say that his claim of consensus is an error. The established position of the madhhab is that one is obligated to pay zakat on these things. The later authorities of the madhhab say that one is to pay 2.5% of their values. The closest opinion to me and the foundations of the madhhab is that one is obligated to pay 2.5% on the income. This is the opinion of Imam Al-Mutawakkil Allah Sharaf al-Din, peace be upon him, and the established position of the madhhab.