Detailed Zakat Information

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Other assets exempt from Zakat

The following assets, unless acquired with the clear intention to resell, are exempt from Zakat: plant and machinery, goodwill, copyright, patent, trademarks and licenses, vacant land, land and buildings or improved property, residential dwelling, diamonds, rubies, and other precious metals (excluding gold and silver), furniture, fittings and household effects, paintings of value, carpets of value, motor vehicles and trucks of all classes, stamp and coin collection of value, fixtures and fittings of all kinds, equipment of all classes, books of value, time share unit.

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