Zakah on land sold on installment
Machine translationRead the Arabic original
Question:
A questioner asks: How do I pay zakah on land that is being sold on installment? Is it subject to zakah when the installment period for this land ends? May Allah reward you.
Answer:
The answer: It depends on your intention regarding it. If you intend to sell it, you must pay zakah on it when a lunar year has passed. However, if you bought it on installment for your own need and do not intend to sell it, there is no zakah due on it. As for if you intend to rent it out, you must pay zakah on its rental income.
A questioner asks: How do I pay zakah on land that is being sold on installment? Is it subject to zakah when the installment period for this land ends? May Allah reward you.
Answer:
The answer: It depends on your intention regarding it. If you intend to sell it, you must pay zakah on it when a lunar year has passed. However, if you bought it on installment for your own need and do not intend to sell it, there is no zakah due on it. As for if you intend to rent it out, you must pay zakah on its rental income.
Source
www.alfawzan.af.org.sa
The Arabic text is copied verbatim from the original source, without any edits.