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The question

How is Zakat calculated on shares, and is it permissible to give it to a needy brother for building a new house?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

There is no impediment to giving to a brother to complete the construction of his house, provided two conditions are met: that he does not possess another dwelling sufficient for him and his family, and that he is unable to secure housing, even through rent that does not burden him. If these two conditions are met, then zakat is permissible; otherwise, it is not permissible to give it to him.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
63145
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.
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Read the full answer on Ftawy