Is my action correct in calculating the zakat for an amount of 800,0 pounds, after selling land that I initially intended to build on, then decided to sell as an investment, and I had paid installments for it?
If land is sold with the intention of building, its price is not subject to zakat unless a full year has passed since its receipt. Zakat then becomes due on it at one-quarter of one-tenth (2.5%).
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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