Zakah on land purchased for trade with a sale document
Machine translationRead the Arabic original
Question:
Honorable Shaykh, the questioner says: I have a piece of land that I bought from one of the citizens. I did not own it through a legal release or an official deed, but only through a sale document. I bought it for trade, but I have not offered it for sale until its price rises. Is there zakah on it? Please inform us, and may Allah reward you with good.
Answer:
As for the issue that you bought it without a valid document, you should go to the court to have it corrected. As for the zakah, yes, if you intended it for sale, it becomes trade goods, and zakah becomes obligatory on it. If a lunar year has passed since you intended to sell it, you must appraise it at its value and pay out one-quarter of a tenth. If you sell it, you must pay zakah on its value by paying out one-quarter of a tenth. Yes.
The presenter:
May Allah reward you with good.
Honorable Shaykh, the questioner says: I have a piece of land that I bought from one of the citizens. I did not own it through a legal release or an official deed, but only through a sale document. I bought it for trade, but I have not offered it for sale until its price rises. Is there zakah on it? Please inform us, and may Allah reward you with good.
Answer:
As for the issue that you bought it without a valid document, you should go to the court to have it corrected. As for the zakah, yes, if you intended it for sale, it becomes trade goods, and zakah becomes obligatory on it. If a lunar year has passed since you intended to sell it, you must appraise it at its value and pay out one-quarter of a tenth. If you sell it, you must pay zakah on its value by paying out one-quarter of a tenth. Yes.
The presenter:
May Allah reward you with good.
Source
قناة «العلامة الدكتور صالح الفوزان»، محاضرات في العقيدة والدعوة-062-رسالة إلى المرأة|صالح الفوزان|كبار العلماء — youtube.com (20:29)
The Arabic text is a machine transcription of the audio recording.