Is Zakat obligatory upon selling a residential apartment before purchasing another, and is Zakat obligatory on an apartment that was bought to preserve wealth instead of depositing it in a bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The apartment bought for residential purposes is not subject to , unless it is sold and a hawl (lunar year) passes while its price constitutes a (minimum amount subject to Zakat). As for the second apartment, as long as there was no intention of trading with it at the time of purchase, it is not subject to Zakat, because Zakat on trade goods requires the intention of trading at the time of acquisition.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/156930
Where this answer came from
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- Ftawy
- Original fatwa ID
- 156930
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy