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The question

Is Zakat obligatory on a property purchased for investment purposes, the full price of which has not yet been paid?

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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 real estate designated for trade if its value reaches the and a full year has passed over it. As for real estate designated for rent, Zakat is not obligatory on its value, but rather on its revenue (rent) if it reaches theab and a full year has passed over it. Regarding debt related to real estate, it is deducted from the current value of the real estate when calculating Zakat.

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
147471
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