The ruling on the zakah of endowment money and real estate for trade, and paying it to relatives
Machine translationRead the Arabic original
The questioner:
Another questioner says: Is there zakah on money that is set aside for building a mosque, if a lunar year has passed over it?
The Shaykh:
Yes, as long as the mosque has not been built and the money has not been spent, it is his property, and zakah is obligatory on it.
The questioner:
He says: If real estate and land are intended for trade, is zakah obligatory on them?
The Shaykh:
Without a doubt, if they are intended for trade, they become trade goods, i.e., merchandise. So they must be appraised when the lunar year is completed, after the intention to sell them, and one-quarter of a tenth of their appraised value must be paid out. Yes.
The presenter:
May Allah reward you.
Another questioner says: Is there zakah on money that is set aside for building a mosque, if a lunar year has passed over it?
The Shaykh:
Yes, as long as the mosque has not been built and the money has not been spent, it is his property, and zakah is obligatory on it.
The questioner:
He says: If real estate and land are intended for trade, is zakah obligatory on them?
The Shaykh:
Without a doubt, if they are intended for trade, they become trade goods, i.e., merchandise. So they must be appraised when the lunar year is completed, after the intention to sell them, and one-quarter of a tenth of their appraised value must be paid out. Yes.
The presenter:
May Allah reward you.
Source
نور على الدرب - الفوزان - 02/255 — archive.org (10:34)
The Arabic text is a machine transcription of the audio recording.