Zakah on money set aside to pay for land
Machine translationRead the Arabic original
Question:
He says: Regarding the debt I paid for this land, is zakah due on it?
Answer:
If a lunar year has passed while you still hold it, and it reaches the nisab (minimum threshold for zakah), then zakah is due on it when the year has passed. This applies if it reaches the nisab or more, or if you combine it with other assets to complete the nisab; in that case, zakah is obligatory on it, even if you are setting it aside to pay for the land. Yes.
He says: Regarding the debt I paid for this land, is zakah due on it?
Answer:
If a lunar year has passed while you still hold it, and it reaches the nisab (minimum threshold for zakah), then zakah is due on it when the year has passed. This applies if it reaches the nisab or more, or if you combine it with other assets to complete the nisab; in that case, zakah is obligatory on it, even if you are setting it aside to pay for the land. Yes.
Source
نور على الدرب - الفوزان - 03/033 — archive.org (10:26)
The Arabic text is a machine transcription of the audio recording.