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The question

Is zakat obligatory on a sum of money invested in establishing a private hospital, given that the hospital has begun operations but is not expected to yield profits for 3 years due to loan repayments?

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

If the intention behind participating in the hospital is to benefit from the profit, then there is no zakat on the principal capital. Rather, zakat becomes obligatory on the profits after they reach the nisab (minimum threshold) and a hawl (full lunar year) passes over them. However, if the contribution is for the purpose of trading shares and selling them, then zakat is obligatory on the shares every year if they reach the nisab, and the amount of zakat is a quarter of a tenth (2.5%).

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
41435
Imported
Translation status
Source text, unreviewed
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