Zakat Deduction For Planned House Purchase
The actual exemption is for personal use items, including jewelry, house, cars, furniture, etc. Businesses have an additional exemption of means of production (e.g. factories, machinery, etc.). All other savings and assets, unless exempt by the state are subject to zakat. With that said, depending upon the situation one may make an ijtihad that his savings for the house are personal use, however, it must be done with complete sincerity and with a sense of accountability in front of God on the Day of Judgement.