The ruling on the zakah of land owned for trade and its amount
Machine translationRead the Arabic original
Question:
May Allah reward you. This question is also related to zakah. The questioner says: I bought a piece of land eight years ago for the purpose of trade. Is there zakah on it? And what is its amount?
Answer:
There is no doubt that there is zakah on it every year that passes, because it is a commodity, because it is among the goods of trade, intended for sale. The method of zakah is that he asks about its value every year, appraising it each year at what it is worth, meaning the price goes up and down, so he appraises it each year at what it is worth in that year or at that time, and he pays out from its appraised value.
May Allah reward you. This question is also related to zakah. The questioner says: I bought a piece of land eight years ago for the purpose of trade. Is there zakah on it? And what is its amount?
Answer:
There is no doubt that there is zakah on it every year that passes, because it is a commodity, because it is among the goods of trade, intended for sale. The method of zakah is that he asks about its value every year, appraising it each year at what it is worth, meaning the price goes up and down, so he appraises it each year at what it is worth in that year or at that time, and he pays out from its appraised value.
Source
زكاة الأرض المشتراة للتجارة — alfawzan.live
The Arabic text is a machine transcription of the audio recording.