Darul Iftaa Mahmudiyyah

Is my land and property liable for Zakat?

· 6 Safar 1438 AH1 min readFatwa 36874English

Question

i bought a piece of land with intention that after 2-3 years i will sell it. Do i need to pay zakat every year on that land or only that year land has been sold? Also i bought a house with same purpose. so what is the ruling on that too.

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

Kindly clarify what your intention was at the time of buying the house and land. Did you plan to wait for the value to rise? Or did you intend to use it for personal needs and then your intention changed?

And Allah Ta’āla Knows Best

Ridhwan Ur Rahman

Student Darul Iftaa
Cardiff, Wales, UK

Checked and Approved by,
Mufti Ebrahim Desai.

Answered by
Ridhwan Ur Rahman
Checked & approved by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/36874
Fatawa SA: https://fatawa.co.za/fatwa/askimam-36874

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