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The question

Is Zakat obligatory on a borrowed sum of 74,500 Dinars, which was compensated with a share in a house, and the property was sold a year and a half after the borrowing?

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

is not obligatory on a house or real estate designated for dwelling because it is among the essential necessities and is not considered growing wealth, unless one intends it for trade. This is based on the Prophet's (peace be upon him) saying: "There is no charity (Zakat) due on a Muslim for his slave or his horse." This encompasses all personal use possessions. However, if the real estate is sold and its price reaches the (threshold) and a year passes on it, then Zakat becomes obligatory on it at a rate of 2.5%.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Ftawy
Original fatwa ID
183208
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