The Zakah on Land Offered for Sale
Machine translationRead the Arabic original
Question:
Umm 'Abdullah says: Shaykh, I buy and sell land. I bought a piece of land and a lunar year has passed over it. Do I pay zakah on it at the price I bought it for, or at the current price?
Answer:
If a lunar year has passed over the land or any other goods held for sale, it is valued at the price it is worth at the time the lunar year is completed, and no regard is given to the price at which it was purchased. Yes.
The presenter:
May Allah reward you with good and bless you.
Umm 'Abdullah says: Shaykh, I buy and sell land. I bought a piece of land and a lunar year has passed over it. Do I pay zakah on it at the price I bought it for, or at the current price?
Answer:
If a lunar year has passed over the land or any other goods held for sale, it is valued at the price it is worth at the time the lunar year is completed, and no regard is given to the price at which it was purchased. Yes.
The presenter:
May Allah reward you with good and bless you.
Source
نور على الدرب - الفوزان - 03/155 — archive.org (9:40)
The Arabic text is a machine transcription of the audio recording.