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Zakat On Real Estate Construction Business
As Salam o alikum sir My question is about Zakat Sir I’m a builder I want to know if I purchase a plot to make house on it than I sale it total time consuming about 2.5 to 3 years than it sale. So I have to give Zakat every year or after sale my project. And on which amount I have to give my Zakat on my profit amount after sale project or on whole plot + construction…. on total value My business is this buy a plot than construction on it than I sale Please guide me right way 🙏 May Allah bless you and your family Ameen
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Zakat On Real Estate Construction Business
updated 3 years, 8 months ago
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In our Zakat Calculator, under Production / Earning please enter the profit you made after all your sales into the Business Income box and under Assets please enter the current value of the land you own in the Real Estate box. When you reach the end, it will generate a statement showing you exactly what percentage is applied to what and how much you owe.
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