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The question

Is zakat obligatory on an amount of five million Saudi riyals, paid as a down payment for the purchase of agricultural land, while the issue of its ownership is still under consideration by the court, knowing that the buyer's intention is to use part of it for a factory and lease the rest?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The installment paid for the land's price has exited the payer's ownership and become the property of the selling real estate company, thus no is due on it. Similarly, there is no zakat on the land itself as long as it was not purchased with the intention of trade.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
160322
Imported
Translation status
Source text, unreviewed
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