Khums: Khums on Proceeds from a House Bought with Mixed Funds
Practical Laws of Islam as per the teachings of Imam Khamenei
Khums: Khums on Proceeds from a House Bought with Mixed Funds
English:
Question #1025:
I am a student of Islamic studies in an Islamic seminary. I used a little amount of my money, an amount of sayyids’ share, other’s grant, and some borrowed money to purchase a small house. Now I have sold it. Are the proceeds subject to khums at the end of the year if they have not been used to purchase another house?
Answer #1025:
The sale price of your house purchased with monthly stipend of the Islamic seminaries, grants of the good people, other religious tithes, and loan is not subject to khums.
-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Khums