Zakah on Granted Land
Machine translationRead the Arabic original
Question:
Regarding the land that was granted to me, Honorable Shaykh, and five years have passed since I received it, do I have to pay zakah on it?
Answer:
If you intend to sell it, if you intend to sell it, then you must pay zakah on it every year. You appraise it when the lunar year is complete at its market value. If its value reaches the nisab (minimum threshold for zakah), then you pay zakah by giving one-quarter of one-tenth. However, if you intend it for residence or for keeping, then there is no zakah on it. Yes.
Regarding the land that was granted to me, Honorable Shaykh, and five years have passed since I received it, do I have to pay zakah on it?
Answer:
If you intend to sell it, if you intend to sell it, then you must pay zakah on it every year. You appraise it when the lunar year is complete at its market value. If its value reaches the nisab (minimum threshold for zakah), then you pay zakah by giving one-quarter of one-tenth. However, if you intend it for residence or for keeping, then there is no zakah on it. Yes.
Source
نور على الدرب - الفوزان - 03/060 — archive.org (12:09)
The Arabic text is a machine transcription of the audio recording.