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Old 12-05-2011, 12:39 PM   #19
FelikTen

Join Date
Oct 2005
Posts
441
Senior Member
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Now for Zakat payable for Point C(Building being built, construction not finished, No money exchanged.)

If the your contract with the builder is as I mentioned above, Point C is same as Point B, you are pretty much the owner of 100% of the land.
But here is where hope1's quote could be applied:


What is fasid bro?
From my understanding the whole arrangement is fasid. Cannot be undertaken. If it is already undertaken then Beheshti provides solution:

The rule with regard to ijārah fāsidah is that whatever had been agreed upon will not be given. Instead, he will be given whatever
payment is normally made for a particular job. If it is a house, the tenant will have to pay the normal rental. However, if the normal
payment or the normal rental is more than what had been agreed upon, then the normal payment or rental will not be given. Instead, he
will be paid that which was agreed upon. In short, he will be entitled to receive the amount which is less.
even though paying the builders may not look like ijarah it is ijarah. In fiqh ijarah refers to both renting and hiring.
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