Zakah on a piece of land prepared for sale
Machine translationRead the Arabic original
The presenter:
Please, a questioner from Jeddah. A questioner for the second time. Peace be upon you.
The questioner:
And Allah, I have a question. Did I buy land in Jeddah?
The presenter:
Yes, yes.
The questioner:
I bought a piece of land, and I bought it to sell it and trade in it, and so on. A lunar year has passed, and it has not been sold, and I do not have, for example, a piece of [unclear]. What is the ruling on this matter?
The presenter:
Okay, thank you. He bought a piece of trade goods, O Shaykh, and his intention was to sell it, and a lunar year passed over it, so he did not pay the zakah. Is there zakah on it, O Shaykh?
The Shaykh:
Yes, if he intended it for sale and a lunar year has passed over it, he must appraise it at its value, price it at what it is worth, and pay one-quarter of a tenth of its appraised value. Yes.
The presenter:
May Allah reward you with good,
Please, a questioner from Jeddah. A questioner for the second time. Peace be upon you.
The questioner:
And Allah, I have a question. Did I buy land in Jeddah?
The presenter:
Yes, yes.
The questioner:
I bought a piece of land, and I bought it to sell it and trade in it, and so on. A lunar year has passed, and it has not been sold, and I do not have, for example, a piece of [unclear]. What is the ruling on this matter?
The presenter:
Okay, thank you. He bought a piece of trade goods, O Shaykh, and his intention was to sell it, and a lunar year passed over it, so he did not pay the zakah. Is there zakah on it, O Shaykh?
The Shaykh:
Yes, if he intended it for sale and a lunar year has passed over it, he must appraise it at its value, price it at what it is worth, and pay one-quarter of a tenth of its appraised value. Yes.
The presenter:
May Allah reward you with good,
Source
قناة «مؤسسة الدعوة الخيرية»، فتاوى على الهواء - صالح بن فوزان الفوزان 07-08-1438هـ — youtube.com (44:02)
The Arabic text is a machine transcription of the audio recording.