Is zakat obligatory on a residential apartment that is still under construction, with monthly installments being paid to the developer? And does the ruling on zakat differ depending on the intention: if it is for rent, then zakat is on the rent, and if it is for sale, then zakat is on its value each year?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the apartment is intended for trade, then is due on the apartment at its current value upon the completion of a full Hijri year from the time of its ownership. One-quarter of one-tenth (2.5%) of its value is to be paid when it is sold, regardless of its purchase price. As for installments, there is a difference of opinion among scholars regarding deducting debt from zakat-eligible wealth. If the funds are not available to pay zakat, there is no harm in delaying it until liquidity is available.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/111988
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 111988
- 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