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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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I have land and I am hesitating between selling it and developing it, then I sold it. Is zakah obligatory on me?

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Question:
May Allah reward you, Your Eminence, father. The questioner says: I have land, and I am hesitating whether to sell it or develop it. In the end, I sold it. Is there zakah on it?

Answer:
As long as you were hesitating and had not resolved to sell it, there is no zakah on it. But once you sold it, if its value remains with you until a lunar year has passed, you pay zakah on it. If you spent it before the lunar year, there is nothing on it. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، [1080- 4717] عندي أرض ومتردد في بيعها وعمارتها ثم بعتها فهل تجب علي الزكاة؟ - الشيخ صالح الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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