Khums: Are Savings for Buying a House or Life Necessities Subject to Khums?
Practical Laws of Islam as per the teachings of Imam Khamenei
Khums: Are Savings for Buying a House or Life Necessities Subject to Khums?
English:
Question #904:
A person does not own a house and saves money in order to pool sufficient funds for purchasing a house or the necessities of life, is it liable to khums?
Answer #904:
The money which is saved from earnings is liable to khums at the khums year’s end unless it is saved for necessary expenses or buying necessary equipment in which case if it is to be spent shortly after the end of khums year, say several days, on the said avenue, it is not subject to khums.
-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Khums