Zakah on Land
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Question:
A person has land that he has put up for sale with the intention of making a profit. Before the lunar year of possession (hawl) had completed, he needed money, so he asked the office owner to sell it, even at its capital cost or less. Is there any zakah due on this land?
Answer:
Answer: If the value remains with him until the hawl is completed, he must pay zakah on the value by giving one-quarter of a tenth. However, if he sells it before the hawl is completed on the land, and spends the proceeds before the hawl is completed on the land, then there is no zakah due on it. Yes.
A person has land that he has put up for sale with the intention of making a profit. Before the lunar year of possession (hawl) had completed, he needed money, so he asked the office owner to sell it, even at its capital cost or less. Is there any zakah due on this land?
Answer:
Answer: If the value remains with him until the hawl is completed, he must pay zakah on the value by giving one-quarter of a tenth. However, if he sells it before the hawl is completed on the land, and spends the proceeds before the hawl is completed on the land, then there is no zakah due on it. Yes.
Source
www.alfawzan.af.org.sa
The Arabic text is copied verbatim from the original source, without any edits.