How is zakah calculated on land sold in installments?
Machine translationRead the Arabic original
Question:
May Allah keep you safe, Honorable Shaykh. He says: I have land that I sold in installments, and each installment is due every year. How do I pay its zakah?
Answer:
You pay zakah on it when the lunar year has passed. Whatever debt has a lunar year pass over it, you pay zakah on it. This applies to any debt owed by people, whether it is a single installment or multiple installments. You pay zakah on it by giving one-quarter of a tenth of it. Yes, unless this debt is owed by a bankrupt person and you do not know if it will be paid or not. In that case, zakah is not obligatory on you until you receive it. That is, once you receive it, you pay zakah on it for only one year.
May Allah keep you safe, Honorable Shaykh. He says: I have land that I sold in installments, and each installment is due every year. How do I pay its zakah?
Answer:
You pay zakah on it when the lunar year has passed. Whatever debt has a lunar year pass over it, you pay zakah on it. This applies to any debt owed by people, whether it is a single installment or multiple installments. You pay zakah on it by giving one-quarter of a tenth of it. Yes, unless this debt is owed by a bankrupt person and you do not know if it will be paid or not. In that case, zakah is not obligatory on you until you receive it. That is, once you receive it, you pay zakah on it for only one year.
Source
قناة «العلامة الدكتور صالح الفوزان»، كيف الزكاة في الأرض المباعة بأقساط؟ لمعالي الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.