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The question

Is Zakat obligatory on a commercial property that has not yet been finished and its purpose has not yet been determined (for personal use or for sale), and if it is obligatory, is it calculated based on the purchase price or the current market price?

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

There is no on a commercial premise if its owner is not firm in the intention of trade, but rather hesitant between selling it or keeping it. This is because zakat is not obligatory on trade goods unless the intention of trade is confirmed at the time of acquiring them.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
110887
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