Zakah on land purchased for construction that is then converted for sale
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success, if land is purchased with the intention of building, and then that intention changes to selling, is there any zakah on it? No.
Answer:
Yes, if he intends to sell it, it becomes merchandise, so zakah becomes obligatory on it. If a lunar year passes from the time of the intention, zakah is due.
He says: Honorable Shaykh, may Allah grant you success, if land is purchased with the intention of building, and then that intention changes to selling, is there any zakah on it? No.
Answer:
Yes, if he intends to sell it, it becomes merchandise, so zakah becomes obligatory on it. If a lunar year passes from the time of the intention, zakah is due.
Source
قناة «العلامة الدكتور صالح الفوزان»، 141/50 شرح زاد المستقنع/ صالح الفوزان — youtube.com (19:24)
The Arabic text is a machine transcription of the audio recording.