A man bought several plots of land and does not intend to sell them ever except in case of need; is zakah due on them?
Machine translationRead the Arabic original
The questioner : A man has a sum of money and bought several plots of land. He has no intention of trading in them, except that he wanted to preserve his money, because keeping it in cash reduces its purchasing power year after year. However, if he preserves his money by buying land, its value remains and even increases.
The Shaykh : But he did not intend to sell them ever except in case of need. There is no zakah on him for this.
The presenter : Look.
The Shaykh : There is no zakah on him; he is merely preserving his money.
The presenter : And this is said by 'Adil ibn al-Futuh ibn Ahmad. Yes.
The Shaykh : But he did not intend to sell them ever except in case of need. There is no zakah on him for this.
The presenter : Look.
The Shaykh : There is no zakah on him; he is merely preserving his money.
The presenter : And this is said by 'Adil ibn al-Futuh ibn Ahmad. Yes.
Source
قناة «فضيلة الشيخ محمد بن صالح العثيمين»، 285 - 332 رجل اشترى عدة قطع من الأراضي ولا ينوي بيعها أبداً إلا عند الحاجة فهل عليه زكاة؟ — youtube.com
The Arabic text is a machine transcription of the audio recording.
