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The question

What is meant by the "original capital" by which commercial land is valued upon the passing of a year (hawl), is it the purchase price or its market value at that time?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If you buy land for trade, what matters is the hawl (one lunar year) of the money with which you bought it. So, if a hawl passes on it, the land must be -able. If someone buys land with money that has already been held for eleven months, then he pays zakat on the land after one month.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
161318
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy