The obligation of zakah on real estate offered for sale for the purpose of trade
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His Eminence the Shaykh: A man has a rest house which he uses for family purposes, and at the same time he offers it for sale. Does he have to pay zakah on it?
No, there is no zakah on it as long as he offered it for sale not for the purpose of trade, but because he was pleased to part with it.
The questioner: No, Shaykh, he is waiting for the profit. When it comes, he will sell it, and at the same time he uses it for himself and his family.
The Shaykh: No, if his intention is profit, then it is obligatory to pay its zakah, even if he is using it. But if he is using it and is pleased to part with it and wants to sell it, there is no blame on him and he owes no zakah.
No, there is no zakah on it as long as he offered it for sale not for the purpose of trade, but because he was pleased to part with it.
The questioner: No, Shaykh, he is waiting for the profit. When it comes, he will sell it, and at the same time he uses it for himself and his family.
The Shaykh: No, if his intention is profit, then it is obligatory to pay its zakah, even if he is using it. But if he is using it and is pleased to part with it and wants to sell it, there is no blame on him and he owes no zakah.