Explaining how to pay zakah from real estate intended for trade
Machine translationRead the Arabic original
Q90: The questioner says: I have a piece of land that I wish to sell, and its value exceeds twenty thousand. Is zakah due on it?
A90: If you intend to sell the land and a year passes from the time of that intention, then it is assessed at its value and zakah is paid on it. You pay one-fourth of a tenth of its assessed value. There is zakah on the twenty thousand because it exceeds the nisab (minimum threshold for zakah).
A90: If you intend to sell the land and a year passes from the time of that intention, then it is assessed at its value and zakah is paid on it. You pay one-fourth of a tenth of its assessed value. There is zakah on the twenty thousand because it exceeds the nisab (minimum threshold for zakah).
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.