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The question

Is Zakat obligatory on the remaining amount of the price of a plot of land bought for construction, knowing that a down payment has been made and the remainder is kept in the bank and a whole year has passed over it?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The unpaid portion of the apartment's price is considered a debt upon you. The majority of scholars hold the view that debt negates on hidden assets such as currency (gold and silver) and trade goods.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
187615
Imported
Translation status
Source text, unreviewed
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