How is zakah calculated on land sold on installment?
Machine translationRead the Arabic original
The questioner:
This questioner, Abu 'Abdullah, says: Shaykh, I have land and I am selling it on installment. Is zakah due when the installments are completed, or when?
The Shaykh:
Yes.
The questioner:
He says that he has land and wants to inquire about how zakah is calculated on land sold on installment. Is zakah due when the installments are completed?
The Shaykh:
If you intend to sell it, the lunar year for zakah begins. If a year passes, you appraise it at its value and pay one-quarter of a tenth. If you have sold it, you pay zakah on the price for which you sold it, paying one-quarter of a tenth of the value. Yes.
This questioner, Abu 'Abdullah, says: Shaykh, I have land and I am selling it on installment. Is zakah due when the installments are completed, or when?
The Shaykh:
Yes.
The questioner:
He says that he has land and wants to inquire about how zakah is calculated on land sold on installment. Is zakah due when the installments are completed?
The Shaykh:
If you intend to sell it, the lunar year for zakah begins. If a year passes, you appraise it at its value and pay one-quarter of a tenth. If you have sold it, you pay zakah on the price for which you sold it, paying one-quarter of a tenth of the value. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 2312 - كيف تُزكى الأراضي التي تُباع بالتقسيط؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.