The ruling on the zakah of a gifted plot of land designated for sale
Machine translationRead the Arabic original
Question:
May Allah bless you. The questioner says: I have a plot of land that was gifted to me years ago, and I am considering leaving it now so that the price of this land will rise. It has been with me for more than what is close to ten years. Is there zakah on it?
Answer:
If you intend to sell it, and a lunar year has passed, then zakah is due on it: you must appraise it and pay out one-quarter of a tenth. Every year that passes while you intend to sell it, you must pay zakah on it by appraising it at its value and paying out one-quarter of a tenth. Yes.
The presenter:
May Allah reward you,
May Allah bless you. The questioner says: I have a plot of land that was gifted to me years ago, and I am considering leaving it now so that the price of this land will rise. It has been with me for more than what is close to ten years. Is there zakah on it?
Answer:
If you intend to sell it, and a lunar year has passed, then zakah is due on it: you must appraise it and pay out one-quarter of a tenth. Every year that passes while you intend to sell it, you must pay zakah on it by appraising it at its value and paying out one-quarter of a tenth. Yes.
The presenter:
May Allah reward you,
Source
نور على الدرب - الفوزان - 02/282 — archive.org (11:09)
The Arabic text is a machine transcription of the audio recording.