Is zakah obligatory on land prepared for trade?
Machine translationRead the Arabic original
Question:
May Allah reward you, Shaykh. He has a segment on this topic. He says: As for the land that I have prepared for trade, do I have to pay zakah on it?
Answer:
Yes, without a doubt. If a lunar year has passed over it, starting from your intention to sell it, and a year has elapsed from the beginning of your intention, then you appraise it at its value and pay one-quarter of a tenth. Yes.
May Allah reward you, Shaykh. He has a segment on this topic. He says: As for the land that I have prepared for trade, do I have to pay zakah on it?
Answer:
Yes, without a doubt. If a lunar year has passed over it, starting from your intention to sell it, and a year has elapsed from the beginning of your intention, then you appraise it at its value and pay one-quarter of a tenth. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 1632 - هل تجب الزكاة في الأراضي التي أعدت للتجارة؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.