The Ruling on the Zakah of Land Granted for Sale
Machine translationRead the Arabic original
Question:
He says: I have had a piece of land for several years that was granted to me as a gift. Its area is two thousand square meters, and since then, its value has not exceeded twenty thousand riyals. My intention is that when its price rises to forty, fifty, or sixty thousand, I will sell it. Is there zakah on it, Shaykh Salih?
Answer:
Yes, as long as you intend to sell it and do not intend it for use or ownership, but rather as real estate. Since you intended it for sale, there is zakah on it because it has become a commodity among trade goods. You appraise it every year at whatever it is worth, whether little or much, and you pay zakah on it every year at the rate of one-quarter of one-tenth of its value in that year. Yes.
He says: I have had a piece of land for several years that was granted to me as a gift. Its area is two thousand square meters, and since then, its value has not exceeded twenty thousand riyals. My intention is that when its price rises to forty, fifty, or sixty thousand, I will sell it. Is there zakah on it, Shaykh Salih?
Answer:
Yes, as long as you intend to sell it and do not intend it for use or ownership, but rather as real estate. Since you intended it for sale, there is zakah on it because it has become a commodity among trade goods. You appraise it every year at whatever it is worth, whether little or much, and you pay zakah on it every year at the rate of one-quarter of one-tenth of its value in that year. Yes.
Source
زكاة الأرض المعدة للبيع — alfawzan.live
The Arabic text is a machine transcription of the audio recording.