What is the ruling on zakah in assets held for sale?
Machine translationRead the Arabic original
Question:
I put my building up for sale, but a lunar year has not passed over it. Then I sold it. Is there zakah due on the amount after I have received it?
Answer:
If a lunar year has passed over the building from the time you intended to sell it, then if the year is completed, you pay zakah on the value. You pay zakah on the value, and the start of the lunar year is from the intention to sell.
I put my building up for sale, but a lunar year has not passed over it. Then I sold it. Is there zakah due on the amount after I have received it?
Answer:
If a lunar year has passed over the building from the time you intended to sell it, then if the year is completed, you pay zakah on the value. You pay zakah on the value, and the start of the lunar year is from the intention to sell.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم الزكاة في الأموال المعروضة للبيع؟ للشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.