Fatwa #2148224 April 2012Canada

Do I have to pay Zakaat on land?

Question

Aslamualikum! I bought two plots (space to build houses) with the intentions to sell them one day and make profit. But i'm not sure if giving Zaakat is fardh on me or not because of those plots. In other words is it compulsory for me to give Zaakat?

Answer

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

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

http://www.askimam.org/public/question_detail/26513

#42887Zakaat on land not bought for re-sale.
#31807I bought a plot to build property for rentals but now I want sell the plot so how do I give zakat?
#39029Is Zakaat due on land bought with intention to sell in future?
#22903Do I pay Zakaat on the land I didn’t have intention to sell?
#21487How to pay Zakaat on land?
#38503A person who bought a plot of land with the intention of selling it, but he did not sell it, does he have to give Zakat on it.
#42097How do i pay zakat on my 4 cars and 3 plots
#38980I bought a land with the intention of selling it but now I changed my mind, is zakat still binding on me?

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