Zakah on Land Owned for Investment
Machine translationRead the Arabic original
Question:
The questioner asks: Is it permissible for a Muslim to invest his financial resources in land that he owns so that it is not subject to annual zakah, or is that considered a form of deception and fraud?
Answer:
What is the objection to buying land that he wants to hold, intending to keep it? There is no objection, and there is no zakah on it unless he intends to sell it. If he intends to sell it, zakah becomes obligatory on it once a lunar year has passed, provided he had intended to sell it. However, if he does not intend to sell it, but rather owns it and leaves it to develop it, to hold it, to plant crops on it, or to consolidate it, there is no objection to this. Yes.
The questioner asks: Is it permissible for a Muslim to invest his financial resources in land that he owns so that it is not subject to annual zakah, or is that considered a form of deception and fraud?
Answer:
What is the objection to buying land that he wants to hold, intending to keep it? There is no objection, and there is no zakah on it unless he intends to sell it. If he intends to sell it, zakah becomes obligatory on it once a lunar year has passed, provided he had intended to sell it. However, if he does not intend to sell it, but rather owns it and leaves it to develop it, to hold it, to plant crops on it, or to consolidate it, there is no objection to this. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 1 من 25|دروس التفسير في الحرم المكي|تفسير سورة النساء|015-019|صالح الفوزان|كبار العلماء — youtube.com (1:03:19)
The Arabic text is a machine transcription of the audio recording.