Is zakat obligatory on an amount of money designated for paying apartment installments—an amount that has been held for a full year—given that it is in the possession of the buyer but allocated for the seller, and knowing that the apartment is ready to be registered in the buyer's name after all installments have been paid?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If you do not possess other funds to repay the debt, then there is no due on the amount designated for it. However, paying Zakat as a precautionary measure, at 2.5% of the entire amount, is more prudent and absolves one's responsibility.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/152488
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- Ftawy
- Original fatwa ID
- 152488
- 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.
- Read the full ruling
- Read the full answer on Ftawy