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: FtawySummarized from the full answer at Ftawy · imported 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.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/13035
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- Original fatwa ID
- 13035
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