When is zakah obligatory on land?
Machine translationRead the Arabic original
Question:
May Allah reward you, Shaykh Salih. This questioner, Abu Muhammad from Riyadh, says: I bought a piece of land and intended to build a house for myself on it, but I did not have the liquidity. I said that if I got a good price, I would sell it and buy a ready-made house. Is there zakah on it? May Allah reward you.
Answer:
If you intended it for sale, and a lunar year has passed since that intention, then you must appraise it at its value and pay zakah on it by giving one-quarter of one-tenth. However, if you build on it or sell it before the completion of the lunar year, then there is no zakah on it. Yes.
May Allah reward you, Shaykh Salih. This questioner, Abu Muhammad from Riyadh, says: I bought a piece of land and intended to build a house for myself on it, but I did not have the liquidity. I said that if I got a good price, I would sell it and buy a ready-made house. Is there zakah on it? May Allah reward you.
Answer:
If you intended it for sale, and a lunar year has passed since that intention, then you must appraise it at its value and pay zakah on it by giving one-quarter of one-tenth. However, if you build on it or sell it before the completion of the lunar year, then there is no zakah on it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 7800- متى تجب الزكاة في الأراضي؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.