Zakah on the wealth of a real estate trader
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. He says: How is the zakah of the wealth of one who trades in real estate calculated, given that the amount does not accumulate in his possession at one time?
Answer:
If the lunar year has passed, then if he has lands that are offered for sale, he appraises them and pays zakah on them. If he has money, he pays one-quarter of a tenth from it. That is, he counts what he has of money, lands, and trade goods, totals them, and pays one-quarter of a tenth. Yes.
Honorable Shaykh, may Allah grant you success. He says: How is the zakah of the wealth of one who trades in real estate calculated, given that the amount does not accumulate in his possession at one time?
Answer:
If the lunar year has passed, then if he has lands that are offered for sale, he appraises them and pays zakah on them. If he has money, he pays one-quarter of a tenth from it. That is, he counts what he has of money, lands, and trade goods, totals them, and pays one-quarter of a tenth. Yes.
Source
شرح إغاثة اللهفان من مصائد الشيطان لابن القيم، الباب الثاني في ذكر حقيقة مرض القلب — islamhouse.com (1:15:55)
The Arabic text is a machine transcription of the audio recording.
