The ruling on the zakah of real estate that is being considered for sale
Machine translationRead the Arabic original
Question:
The brothers have prepared the questions. He says: I have a piece of real estate and I am hesitating about selling it. Is there zakah on it? And if there is zakah on it, do I pay it based on the same price I bought it for?
Answer:
As for the real estate that you are hesitating about whether to sell or not, there is no zakah on it until you resolve to sell it, and a lunar year passes after your resolution to sell it. If you intend to sell it and a year passes, then you pay zakah on it. The way to do this is to appraise it at its value at the completion of the lunar year. You do not look at what you bought it for; rather, you look at its current value at the completion of the lunar year, and you give one-fourth of a tenth. You estimate it and give one-fourth of a tenth. Yes.
The brothers have prepared the questions. He says: I have a piece of real estate and I am hesitating about selling it. Is there zakah on it? And if there is zakah on it, do I pay it based on the same price I bought it for?
Answer:
As for the real estate that you are hesitating about whether to sell or not, there is no zakah on it until you resolve to sell it, and a lunar year passes after your resolution to sell it. If you intend to sell it and a year passes, then you pay zakah on it. The way to do this is to appraise it at its value at the completion of the lunar year. You do not look at what you bought it for; rather, you look at its current value at the completion of the lunar year, and you give one-fourth of a tenth. You estimate it and give one-fourth of a tenth. Yes.
Source
نصيحة الشيخ لطلاب العلم — alfawzan.live (8:48)
The Arabic text is a machine transcription of the audio recording.