What is the ruling on the zakah of money contributed to purchasing plots and land without the intention of trading?
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success. Whenever I have a sum of money from my monthly salary, I contribute to plots and land. My intention is not for trade, but for the purpose of buying a house for myself and my family. The question is: Is there zakah on this money before buying the house, or not?
Answer:
Yes, if you intend profit and investment, you invest it so that it increases and you buy a house for yourself or build a house for yourself. This is investment and seeking profit, so zakah is obligatory on the capital and on the profit you obtain. Yes.
He says: Honorable Shaykh, may Allah grant you success. Whenever I have a sum of money from my monthly salary, I contribute to plots and land. My intention is not for trade, but for the purpose of buying a house for myself and my family. The question is: Is there zakah on this money before buying the house, or not?
Answer:
Yes, if you intend profit and investment, you invest it so that it increases and you buy a house for yourself or build a house for yourself. This is investment and seeking profit, so zakah is obligatory on the capital and on the profit you obtain. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [622 -1024] ما حكم زكاة المال المساهم به في شراء المخططات والأراضي دون قصد التجارة؟ - صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.