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The question

Is Zakat obligatory on a villa that was sold after the intention to sell it for investment, then the intention changed to owning a house and land?

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

If the villa is for personal use (not for trade), or if you acquired it without an exchange, such as through inheritance, then no zakat is due on it, even if you intend to sell it. However, if you sell it for cash, then zakat becomes obligatory on its price if a year passes while it reaches the nisab by itself or when combined with other cash or trade goods. The same applies if you sell it for goods and intend to trade with them.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
116708
Imported
Translation status
Source text, unreviewed
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