Zakah on Land Held for Investment
Machine translationRead the Arabic original
Question:
He says: If I have land or lands that have been in my possession for about three years or more, and the value is low, and I have no intention of selling them except after many years, as long as they are cheap, is there zakah on them or not?
Answer:
This depends on your intention. If you intend to sell them, intending to sell them, but you are waiting for the price to rise, then there is zakah on them every year, because they have become trade goods among the goods of trade. So you assess their value every year, whether it is little or much, and you pay the zakah. Yes.
He says: If I have land or lands that have been in my possession for about three years or more, and the value is low, and I have no intention of selling them except after many years, as long as they are cheap, is there zakah on them or not?
Answer:
This depends on your intention. If you intend to sell them, intending to sell them, but you are waiting for the price to rise, then there is zakah on them every year, because they have become trade goods among the goods of trade. So you assess their value every year, whether it is little or much, and you pay the zakah. Yes.
Source
لقاء مفتوح [الزلفي] — alfawzan.live (1:08:39)
The Arabic text is a machine transcription of the audio recording.