Zakah on land submitted to the Real Estate Fund to obtain a loan
Machine translationRead the Arabic original
Question:
Your Eminence, the questioner says: I have a piece of land that I submitted to the Real Estate Fund to obtain a loan fifteen years ago. Is there zakah on it?
Answer:
In the first place, this is a deception. You do not intend to develop it; you are submitting it as a ruse just to get the loan. The government does not allow this; it only grants the loan to someone who wants to build and live in the house. As for those who deceive and submit land—land that may not even be theirs, which they borrow to submit in order to get the loan—this is not permissible. This is lying. If he wants it for residence, there is no zakah on it. But if he wants it for sale...
Your Eminence, the questioner says: I have a piece of land that I submitted to the Real Estate Fund to obtain a loan fifteen years ago. Is there zakah on it?
Answer:
In the first place, this is a deception. You do not intend to develop it; you are submitting it as a ruse just to get the loan. The government does not allow this; it only grants the loan to someone who wants to build and live in the house. As for those who deceive and submit land—land that may not even be theirs, which they borrow to submit in order to get the loan—this is not permissible. This is lying. If he wants it for residence, there is no zakah on it. But if he wants it for sale...
Source
شرح أخصر المختصرات في الفقه، كتاب القضاء — islamhouse.com (1:03:15)
The Arabic text is a machine transcription of the audio recording.