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Zakat On Funds Related To On Going Construction Expense
Hi Brother/Sister,
I sold my own flat and go on renting my family accomodation. I had plot available where I am currently carrying construction with the money I got from selling my own flat.
I am initial stages of construction and expecting to spend all the money I have currently available plus money I will earn throughout year.
So as Month of ramadan is ahead of us. Should I am liable to pay zakat on the money I hold currently which I am using on my ongoing home construction ?
However I have wife’s jewllary in possision I will pay zakat as per nisab as I am not looking to sale the jewllary for construction .
Please guide me on this situation.
Thanks,
Adnan
Sponsor Ask Ghamidi