Zakah on land purchased for sale after several years
Machine translationRead the Arabic original
Question:
This question states that he bought land to preserve his wealth for a period of time, and then says that after about five years have passed, he will sell it. Does he owe zakah during this period?
Answer:
Yes, as long as he intends to sell it, it is land subject to zakah, because it becomes a commodity. However, delaying the sale does not exempt it from zakah; it does not exempt it from zakah as long as it is intended for sale. In that case, it is a commodity. He takes whatever it is worth at the end of each year and pays zakah on its value in advance. Yes.
This question states that he bought land to preserve his wealth for a period of time, and then says that after about five years have passed, he will sell it. Does he owe zakah during this period?
Answer:
Yes, as long as he intends to sell it, it is land subject to zakah, because it becomes a commodity. However, delaying the sale does not exempt it from zakah; it does not exempt it from zakah as long as it is intended for sale. In that case, it is a commodity. He takes whatever it is worth at the end of each year and pays zakah on its value in advance. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، محاضرات في العقيدة والدعوة-103-واجب المسلم تجاه الأفكار والآراء المضللة|صالح الفوزان|كبار العلماء — youtube.com (46:47)
The Arabic text is a machine transcription of the audio recording.
