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Stats: 17,449 members, 69,230 Topics, 15,444 Comments. Date: Jun 16 2019, 5:32 am

Rufai Oladimeji
Lagos State University
English
100Level, Nigeria.
Question

It is said that if plot of land is bought as
business there is Zakat. What if we buy a
plot of land (with the aim of selling it) and
kept it for more than one and half lunar year
without selling? Do we have to pay Zakat by
calculating the value of land after 1 lunar
year? What if we do not have any other
income? Or we have just income for our
daily living? Do we have to immediately sell
the plot of land and pay Zakah? Hope you
will answer this question.

Fatwa:
All perfect praise be to Allah, The Lord of the
Worlds. I testify that there is none worthy of
worship except Allah, and that Muhammad
is His Slave and Messenger.

If one buys land with the intention of trading
in order to get a profit, then it is considered
as a tradable item, therefore Zakat has to be
paid on it when a complete lunar year
elapses on the capital money with which the
land was bought if it reached the minimum
amount liable for Zakat and it was cash
money i.e. gold or silver or other notes that
have the same value. So, 2.5% has to be paid
when Zakat is due regardless of the price
with which the land was bought.
Indeed Zakat has to be paid on this land
even if one keeps it for many years as long
as his intention is to trade it and expect a
profit. Hence, you have to pay out Zakat for
each lunar year during which it is in your
possession.
In case one does not have money to pay out
the Zakat for this land, the author of Al-
Muntaqa, may Allah have mercy on him,
said: 'If one has a profit less than an amount
that is liable for Zakat, or that he does not
have any profit at all, according to those who
are of the view that it is an obligation on
him to pay the Zakat, then it is reported that
Imaam Maalik, may Allah have mercy on
him, said that in such a case a person has a
choice either to sell a tradable item and then
pay Zakat, or to give out any tradable item
[of the items that one has] of the same value
due on him to the people who are eligible
for Zakat. '

Finally, if you are unable to do one of the
above options, then Zakat remains as a debt
and a burden on you that you have to pay
whenever that is possible.

Allah knows best.

www.islamweb.net/en/article/166133/zakah-on-land

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