The ruling on the zakah of land purchased for sale on installment
Machine translationRead the Arabic original
Question:
She said: May Allah inform you, I purchased a plot of land for the purpose of selling it after a period of time, and the method of purchase was on installment. Does the zakah become obligatory on it from the time I paid the first installment of its price, or when the full price has been paid?
Answer:
You bought it with the intention of selling it. From the time you bought it, and you intended it and offered it for sale, it became a commodity. If a lunar year has passed over it, you appraise it and pay its zakah, even if you still owe part of its price, because it is a commodity offered for sale, that is, one of the goods of trade.
She said: May Allah inform you, I purchased a plot of land for the purpose of selling it after a period of time, and the method of purchase was on installment. Does the zakah become obligatory on it from the time I paid the first installment of its price, or when the full price has been paid?
Answer:
You bought it with the intention of selling it. From the time you bought it, and you intended it and offered it for sale, it became a commodity. If a lunar year has passed over it, you appraise it and pay its zakah, even if you still owe part of its price, because it is a commodity offered for sale, that is, one of the goods of trade.
Source
الزكاة فيما تم شراؤه بالتقسيط — alfawzan.live
The Arabic text is a machine transcription of the audio recording.