Zakat On Loss And Partnership
Thanks faisal for your detailed answer. I got your Point but my situstion is bit diff here. I sold my flat last year to construct my home(no other property at the moment) i kept half money in cash to start work and remaining half I invested in futures trading so that to avoid money depreciation and have some profit so that to complete the work easily. Unfortunatrly I lost half of that invested money so as I am taking loan to complete house work. Bottom line is my investment + gain on investmemt are meant to be used in construction work ultimately. As for personal home construction money cash are exemoted on zakat. Dont you think my futures equity also exempted in this case. Keep in mind that I have other assets as well on which I am paying zakat like jewlary as I am not looking to sale them for construction work. Thanks once again for your valuable efforts. Adnan