If Hissa Jaidad has been paid on a property, and that property is then sold and a new property purchased, is Hissa Jaidad payable on the new property?

For Musis who have already paid Hissa Jaidad on a property and obtained a certificate for it:

1. If they sell that property, no Hissa Amad or Hissa Jaidad is due on the sale proceeds.

2. If, after paying Hissa Jaidad, they use the sale proceeds to purchase another property of equivalent value, the new property is treated as a replacement for the first, and no Hissa Jaidad is due on it. The office must still be informed of the replacement.

3. If the new property is purchased for less than the sale proceeds of the original property, no Hissa Jaidad is due on the remaining amount or gain (unless the buying and selling of property is being conducted as a business, in which case Hissa Amad is payable on the profit).

4. If, after paying Hissa Jaidad, a property is sold and a more expensive property is purchased, only the amount received from the sale of the original property is credited toward the Hissa Jaidad obligation on the new property. If additional funds are contributed toward the purchase, Hissa Jaidad becomes due on that additional amount.

The above guidance applies to all types of property, including jewelry.