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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Is zakah obligatory on endowment land prepared for rental?

Machine translationRead the Arabic original
The questioner : Our master, a piece of land, was endowed by our father, and we are on the land of the brothers, and our father, while it was a place for renting, informed us that he owed zakah,

The Shaykh : a large amount.

The questioner : It is poured out.

The Shaykh : He informed us.

The questioner : He informed us that this is zakah based on the zakah of agriculture, and some say that what is prepared for agriculture does not have this zakah,

The Shaykh : Yes, the correct view is what the other one said: that what is prepared for renting does not have zakah.
Source دروس وفتاوى المسجد الحرام لعام 1402هـ - 12 — binothaimeen.net (1:13:22)

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

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