Is zakat obligatory on a plot of land that was purchased for the purpose of building on it or trading with it to increase its value, knowing that the purchase payments extended from July to December 2010, and would the zakat due date be in Ramadan, corresponding to August 2011?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
As long as you are not firm in the intention of trading and selling when purchasing the land, there is no on it. This is because the default is that zakat is not obligatory in this case until the intention is purely for trade.
Summarized from the full answer at Ftawy · imported
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