Zakah on land prepared for sale
Machine translationRead the Arabic original
The questioner:
The second question, O Mubarak. The second question: I have land that I bought for a certain amount, and if I were to offer it for sale now, it would be for less than the price I paid. I do not know how to calculate the zakah on it. It has been in my possession for more than two or three lunar years.
The Shaykh:
Are you selling these lands?
The questioner:
Intending to sell when the price rises.
The Shaykh:
Yes, if a lunar year has passed based on the price you bought them for, and the year has completed based on that value, then you appraise the land at its current worth and pay one-quarter of one-tenth.
The presenter:
May Allah reward you,
The second question, O Mubarak. The second question: I have land that I bought for a certain amount, and if I were to offer it for sale now, it would be for less than the price I paid. I do not know how to calculate the zakah on it. It has been in my possession for more than two or three lunar years.
The Shaykh:
Are you selling these lands?
The questioner:
Intending to sell when the price rises.
The Shaykh:
Yes, if a lunar year has passed based on the price you bought them for, and the year has completed based on that value, then you appraise the land at its current worth and pay one-quarter of one-tenth.
The presenter:
May Allah reward you,
Source
فتاوى على الهواء 22-04-1436هـ — af.org.sa (33:04)
The Arabic text is a machine transcription of the audio recording.