Zakah on land prepared for trade and for residence
Machine translationRead the Arabic original
Question:
I have a group of plots of land, some of which are prepared for trade and some for my sons' residence. What is the ruling on the zakah of that?
Answer:
There is no zakah on land prepared for residence, but zakah is obligatory on land prepared for trade if a lunar year has passed and you intend to sell it. In that case, you appraise it at its equivalent value and pay out one-quarter of a tenth. Yes.
I have a group of plots of land, some of which are prepared for trade and some for my sons' residence. What is the ruling on the zakah of that?
Answer:
There is no zakah on land prepared for residence, but zakah is obligatory on land prepared for trade if a lunar year has passed and you intend to sell it. In that case, you appraise it at its equivalent value and pay out one-quarter of a tenth. Yes.
Source
نور على الدرب - الفوزان - 03/032 — archive.org (4:51)
The Arabic text is a machine transcription of the audio recording.