How to Calculate Zakah on Land Held for Sale
Machine translationRead the Arabic original
Question:
I bought a piece of land, and it is currently offered for sale. I have not paid its zakah yet, as I intended to pay the zakah for all the years I have not paid it when I sell it. Please advise me on this, and thank you?
Answer:
If the land is held for sale, you must pay zakah for every year based on its value, whether high or low, because the years differ; it may be cheap at one time and expensive at another. So, you must pay its zakah each year based on its value at that time. Consult with those who have expertise in it, and if you agree on a figure, pay zakah according to the value that appears to you for each year until you sell it.
Question: Does he pay zakah for all the past years?
Answer: As long as the intention was for sale, as long as he bought it for trade.
I bought a piece of land, and it is currently offered for sale. I have not paid its zakah yet, as I intended to pay the zakah for all the years I have not paid it when I sell it. Please advise me on this, and thank you?
Answer:
If the land is held for sale, you must pay zakah for every year based on its value, whether high or low, because the years differ; it may be cheap at one time and expensive at another. So, you must pay its zakah each year based on its value at that time. Consult with those who have expertise in it, and if you agree on a figure, pay zakah according to the value that appears to you for each year until you sell it.
Question: Does he pay zakah for all the past years?
Answer: As long as the intention was for sale, as long as he bought it for trade.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.