Is zakat obligatory on an apartment bought in installments with the intention of selling it, given that some installments will remain due after the sale, and how is zakat to be assessed if it is obligatory?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If you intend to sell your share of the apartment for profit, then it falls under trade goods, and becomes obligatory on it if a hawl (lunar year) passes on its purchase price, provided that the amount reaches the after deducting the apartment's installments.
However, if the purchase was not for trade, but you intended to sell it, for example, to replace it, then there is no Zakat on you.
The nisab for banknotes is the equivalent of 85 grams of gold or 595 grams of silver, and the obligatory Zakat is a quarter of a tenth (2.5%).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/177079
Where this answer came from
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- Ftawy
- Original fatwa ID
- 177079
- 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.
- Read the full ruling
- Read the full answer on Ftawy