Is Zakat obligatory on a man who borrowed from the Real Estate Development Fund to build a residential building, then invested an excess amount from the loan in trade and uses it to pay off bank installments? And does this money belong to him or to the state?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Acquired wealth is the property of its owner and is treated like their other assets. becomes due on it if it reaches the (minimum taxable amount) and a full hawl (lunar year) passes over it after it is acquired, whether it reaches the nisab by itself or when combined with other assets.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/13035
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 13035
- 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