Zakah on land set aside for sale
Machine translationRead the Arabic original
The questioner:
Yes, may Allah bless you. This is Abu Muhammad with Shaykh Salih. He says that he bought a piece of land and wants to pay the zakah on its value. Does he pay zakah on the amount he paid for it, since profits have been made on that land, or does he pay zakah on the amount plus the profit?
The Shaykh:
Does he want the land for sale, or does he want it for personal use?
The presenter:
As he indicated, Shaykh, it is for sale, for trade.
The Shaykh:
For sale, you value it when the lunar year of possession is completed. You value it at what it is worth, meaning you assess it at its market value, and you pay the zakah, which is one-quarter of one-tenth. Yes.
Yes, may Allah bless you. This is Abu Muhammad with Shaykh Salih. He says that he bought a piece of land and wants to pay the zakah on its value. Does he pay zakah on the amount he paid for it, since profits have been made on that land, or does he pay zakah on the amount plus the profit?
The Shaykh:
Does he want the land for sale, or does he want it for personal use?
The presenter:
As he indicated, Shaykh, it is for sale, for trade.
The Shaykh:
For sale, you value it when the lunar year of possession is completed. You value it at what it is worth, meaning you assess it at its market value, and you pay the zakah, which is one-quarter of one-tenth. Yes.
Source
قناة «إذاعة القرآن الكريم»، نور على الدرب مع معالي الشيخ صالح الفوزان ح7506 — youtube.com (5:19)
The Arabic text is a machine transcription of the audio recording.