The Ruling on the Zakah of Land Prepared for Sale
Machine translationRead the Arabic original
Question:
This real estate agent says: I have a shop and a store for sale in the lands, and I have lands that I have prepared for trade, buying, and selling. Honorable Shaykh, I have had these lands for years. Do I have to pay zakah on them?
Answer:
Yes, it is obligatory for you to pay zakah on them every year. Whenever a year passes and you intend to sell them, you must appraise them at their value when the lunar year is completed, and you must give one-quarter of a tenth as zakah from them. Yes.
The presenter:
May Allah reward you
This real estate agent says: I have a shop and a store for sale in the lands, and I have lands that I have prepared for trade, buying, and selling. Honorable Shaykh, I have had these lands for years. Do I have to pay zakah on them?
Answer:
Yes, it is obligatory for you to pay zakah on them every year. Whenever a year passes and you intend to sell them, you must appraise them at their value when the lunar year is completed, and you must give one-quarter of a tenth as zakah from them. Yes.
The presenter:
May Allah reward you
Source
نور على الدرب - الفوزان - 03/051 — archive.org (11:04)
The Arabic text is a machine transcription of the audio recording.