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The question

Is zakat obligatory on money that was designated for purchasing a house, then a year passed while it was intended for saving for another house? And is it obligatory to pay zakat for past years if it was not paid at that time? And is zakat obligatory on a portion of this money that was used for trading?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The majority of scholars obligate on money designated for essential needs. Therefore, the person mentioned must pay Zakat for two years on his wealth. If he entrusted the money to someone who trades with it, then the Zakat of trade goods becomes obligatory on it.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
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Ftawy
Original fatwa ID
147585
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.
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Read the full answer on Ftawy