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The question

Is zakat obligatory on land that was purchased with the intention of trade, then its price fell, so its owner temporarily abstained from selling it, and two years have passed since then? If it is obligatory, would it be for two years at a rate of 2.5% of its market value?

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

Land purchased with the intention of trade is subject to every year, as long as its value has not fallen below the , regardless of changes in its value. The amount of zakat is one-quarter of one-tenth (2.5%) of its value in the year it became due. Zakat is calculated based on its value in each independent year.

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
143961
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.
Read the full ruling
Read the full answer on Ftawy