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The question

How is the zakat of money invested in a real estate project under construction and jointly owned assessed and paid, given the varying hawls of the partners and the funds received from sales?

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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 every partner in a contracting business if their share reaches the . Each partner must pay Zakat on their share independently. Zakat on trade goods is due when a hawl (full lunar year) has passed. The partner's share of materials prepared for trade is to be valued at market price, in addition to cash liquidity and any other trade goods they own. It is not permissible to delay the payment of Zakat after it becomes due.

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
102309
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