How is the Zakat calculated for a project valued at ten thousand Egyptian pounds, which requires half the amount to be in the bank, and the other half is used for the project?

Zakat is obligatory on money in the bank if a full year has passed on it. As for money invested in fixed assets that are not for sale, Zakat is not obligatory on them except on their yield, if it reaches the nisab and a full year has passed on it. If the project is commercial and consists of goods prepared for sale, then Zakat is obligatory on both the goods and their profit. A full year is not a condition for the profit, as it follows the principal.