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The question

Is Zakat obligatory on the entire saved amount, or only on the amount that exceeds half the remaining price of the land?

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

The remaining money from the price of the land is a debt upon you to its owners. is not obligatory on your current money unless you possess surplus funds beyond your needs that are equivalent to the value of the debt; in that case, you pay Zakat on this remaining amount. As for the other money you acquired, you pay Zakat on it when a full year has passed since you possessed it, provided it reaches the either by itself or when combined with other funds.

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
172194
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