The Zakah on Trade Lands and When Their Hawl Begins
Machine translationRead the Arabic original
Question:
He says: I have some land that I have set aside for trade. When do I have to pay its zakah? And if I have not paid the zakah on some of this land for five years,
Answer:
If you intend to sell the land, the lunar year of possession begins from the time of that intention. So, once a year has passed from your intention to sell, you must appraise it at its current market value and pay its zakah by giving one-quarter of a tenth. This is required every year; it is not permissible for you to delay it. You must pay the zakah every year once the lunar year is complete and you are still intending to sell it, by appraising it at its value at the end of the lunar year and paying one-quarter of a tenth, which is two and a half percent. Yes.
The presenter:
May Allah reward you,
He says: I have some land that I have set aside for trade. When do I have to pay its zakah? And if I have not paid the zakah on some of this land for five years,
Answer:
If you intend to sell the land, the lunar year of possession begins from the time of that intention. So, once a year has passed from your intention to sell, you must appraise it at its current market value and pay its zakah by giving one-quarter of a tenth. This is required every year; it is not permissible for you to delay it. You must pay the zakah every year once the lunar year is complete and you are still intending to sell it, by appraising it at its value at the end of the lunar year and paying one-quarter of a tenth, which is two and a half percent. Yes.
The presenter:
May Allah reward you,
Source
فتاوى على الهواء 06-08-1435هـ — alfawzan.live (35:20)
The Arabic text is a machine transcription of the audio recording.