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The question

Is zakat obligatory upon a man who spent his wealth, which had reached the nisab, on large investment projects before a year passed, such that he no longer has anything to pay zakat on?

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

is obligatory on projects with fixed assets, such as farms and real estate, only on their yield if it reaches the and a full year has passed over it. As for purely commercial projects, Zakat is obligatory on the project's principal if it reaches the nisab and a full year has passed over it. The amount of Zakat is one-quarter of one-tenth (2.5%) of the project's value at the end of the year.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
63630
Imported
Translation status
Source text, unreviewed
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