Does zakat become due on an apartment purchased in installments for residential purposes, with the intention of selling it if a good opportunity arises?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If you intend to sell it at a price you are content with, then it is a trade asset on which is obligatory, even if you intend to live in it temporarily before selling; because the intention to sell makes it a trade asset. However, if you are hesitant about selling it, then there is no zakat on it.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/149121
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- Ftawy
- Original fatwa ID
- 149121
- Imported
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