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The question

Is Zakat obligatory on the lump sum amount designated for paying an installment on a purchased shop, and is Zakat obligatory on the goods present in the shop, and how is it calculated?

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

is obligatory on the total amount designated for debt repayment if a year has passed over it and it has reached the , unless the debt amount is deducted from it, and what remains does not constitute nisab. As for goods prepared for sale, zakat is obligatory on their value when a year has passed, at a rate of 2.5% of the value. Zakat is not obligatory on shop equipment such as refrigerators and the like.

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
189997
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