The zakah of land set aside for investment
Machine translationRead the Arabic original
Question:
The questioner says: What is the ruling on land set aside for investment in the distant future? Is zakah due on it?
Answer:
Yes, as long as he intends it for trade, he must pay zakah on it every year by appraising it at its value when the lunar year is completed and paying the zakah. The important thing is that the intention to sell is present. As long as he intends to sell it, it is considered trade goods, and he pays zakah on it every year. Yes.
The questioner says: What is the ruling on land set aside for investment in the distant future? Is zakah due on it?
Answer:
Yes, as long as he intends it for trade, he must pay zakah on it every year by appraising it at its value when the lunar year is completed and paying the zakah. The important thing is that the intention to sell is present. As long as he intends to sell it, it is considered trade goods, and he pays zakah on it every year. Yes.
Source
كلمات رمضانية 12-09-1432هـ — alfawzan.live (31:24)
The Arabic text is a machine transcription of the audio recording.