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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Is zakah obligatory on the value of a plot of land that he sold and bought a car with its value?

Machine translationRead the Arabic original
Question:
I have a plot of land prepared for sale, so I sold it and bought a car with its value. Is there zakah on its value?

Answer:
If a lunar year has passed on the land before you sold it, or if a lunar year has passed on the value before you bought the car with it, then there is zakah on it. As for the car, if you intend to sell it as well, then there is zakah on it because it has become merchandise. But if you intend the car for use, there is no zakah on what is for use. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، هل تجب الزكاة على قيمة قطعة أرض باعها واشترى بقيمتها سيارة؟ #فتاوى الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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