The zakah on trade land whose value has decreased
Machine translationRead the Arabic original
Question:
He says: I have a piece of land in Makkah that I bought with the intention of trading, but its value dropped, so I stopped offering it for sale. I stopped offering it and left it until its price rises. Is there zakah on it now?
Answer:
You are still intending to sell it, but you are waiting for the price to rise. Since you are still intending to sell it, you must pay its zakah every year based on its value. You appraise it every year at its value for the sake of zakah, from the beginning of the intention until the sale. Yes.
He says: I have a piece of land in Makkah that I bought with the intention of trading, but its value dropped, so I stopped offering it for sale. I stopped offering it and left it until its price rises. Is there zakah on it now?
Answer:
You are still intending to sell it, but you are waiting for the price to rise. Since you are still intending to sell it, you must pay its zakah every year based on its value. You appraise it every year at its value for the sake of zakah, from the beginning of the intention until the sale. Yes.
Source
لقاء مفتوح [الزلفي] — alfawzan.live (1:20:29)
The Arabic text is a machine transcription of the audio recording.