Zakah on Saved Money and Land Not Prepared for Trade

The questioner:
Honorable Shaykh, this questioner asks: What is the method for paying zakah on money or real estate not used for trade, such as a piece of land?

The Shaykh:
Yes.

The questioner:
What is the method for paying zakah on money or real estate not used for trade, such as a piece of land or a sum of money saved for emergencies?

The Shaykh:
Money is subject to zakah in any case. Zakah becomes obligatory on it when a lunar year has passed. If you have dirhams that you have gathered to get married, or to buy something, or to wait for a need, and a lunar year has passed over them and they reach the nisab or more, then zakah is due on them without doubt. And what is the second thing?

The questioner:
Land not prepared for trade.

The Shaykh:
There is nothing due on land not prepared for trade.

The presenter:
May Allah reward you. That concludes it.

The Shaykh:
And Allah the Exalted knows best, and may Allah send prayers and blessings upon our Prophet Muhammad and upon his family and his Companions.