He bought land years ago; is there zakah on it?
Machine translationRead the Arabic original
Question:
He says: I have more than one piece of land that I bought years ago. Is there zakah on it?
Answer:
If you intend to sell it, then zakah is due on it every year, amounting to one-quarter of a tenth of its value, which is assessed at the end of the year. You pay one-quarter of a tenth and do this every year. However, if you intend to keep it and want it to be a property you hold, then there is no zakah on it. Yes.
He says: I have more than one piece of land that I bought years ago. Is there zakah on it?
Answer:
If you intend to sell it, then zakah is due on it every year, amounting to one-quarter of a tenth of its value, which is assessed at the end of the year. You pay one-quarter of a tenth and do this every year. However, if you intend to keep it and want it to be a property you hold, then there is no zakah on it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 1375 - اشترى أرضا منذ سنوات، هل عليها زكاة؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.