Is zakah obligatory on land prepared for residence?
Machine translationRead the Arabic original
Question:
Well, he has land. The Honorable Shaykh says: I bought it a long time ago, and I want to pay zakah on this land. Is there zakah on the land if it is prepared for residence?
Answer:
No, if it is prepared for residence or real estate, there is no zakah on it. However, if he intends to sell it, he must appraise it at its value when the lunar year of possession is completed and pay zakah on it.
Well, he has land. The Honorable Shaykh says: I bought it a long time ago, and I want to pay zakah on this land. Is there zakah on the land if it is prepared for residence?
Answer:
No, if it is prepared for residence or real estate, there is no zakah on it. However, if he intends to sell it, he must appraise it at its value when the lunar year of possession is completed and pay zakah on it.
Source
قناة «العلامة الدكتور صالح الفوزان»، [4272] هل تجب الزكاة في الأرض المُعدَّة للسكنى؟ - صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.