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Masarif in the way of Allah

Q:

On purchase of some asset, if it is decided that on selling this much percentage of profit will be distributed in the way of Allah, then who all are masarif? I mean who can be given this share? Like can it be given for construction of masjid, needy real brothers and sisters, orphanage, madaris etc

A:

Waalykum salam 

 
Yes, needy brothers and sisters in faith. Your local Aalim or scholar should be able to help you identify such people in the community. 
 
Good luck 

Naajiya Jaffery