Real Estate Prepared for Sale
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Q1, 2: There is a plot of land in an uninhabited area, which was a grant from the government. I sold it and put its value into another plot of land that has no residents or services. Is there zakah on it? My intention is to sell it when the land price rises. And there is another plot of land for which I paid the full price via car installments. Is there zakah on it? I have not intended to live on that land, but rather I intend to sell it after several years; I do not know when.
A1, 2: If real estate is prepared for sale, or if the owner intends to sell it when a suitable price comes, it is considered merchandise for trade. It is valued at the end of each lunar year, and its zakah is one-quarter of one-tenth of its current value.
A1, 2: If real estate is prepared for sale, or if the owner intends to sell it when a suitable price comes, it is considered merchandise for trade. It is valued at the end of each lunar year, and its zakah is one-quarter of one-tenth of its current value.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.