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The question

Is zakat obligatory on the amount from the sale of a piece of land that was invested in purchasing another agricultural land?

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

If you bought the land with the intention of possessing it and benefiting from it, then there is no due on its sale price until a year has passed since the sale and the (minimum threshold) is met. However, if you bought it with the intention of selling it when its price increases, then zakat is due on it for all the previous years, because it is considered a trade commodity. It must be evaluated annually, and one-quarter of one-tenth (2.5%) of its value must be paid as zakat.

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
116631
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