What is the ruling on paying zakah on land held as an asset?
Machine translationRead the Arabic original
Question:
The questioner says: I bought land to hold my wealth so that it does not disappear. He asks: Is it obligatory for me to pay zakah if a lunar year has passed?
Answer:
No. If you are not selling it, and it is merely real estate that holds your wealth, and you do not intend to sell it, then there is no zakah on it. Yes.
The questioner says: I bought land to hold my wealth so that it does not disappear. He asks: Is it obligatory for me to pay zakah if a lunar year has passed?
Answer:
No. If you are not selling it, and it is merely real estate that holds your wealth, and you do not intend to sell it, then there is no zakah on it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حُكم إخراج الزكاة على أرض تمسك المال؟ لمعالي الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.