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The question

What is the method for paying Zakat on an inherited land that has been sold, and is it obligatory to wait a full year for its price? And what is the method for paying Zakat on a land purchased for long-term investment?

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

Inherited land is not subject to until it is sold and a hawl (lunar year) has passed on its proceeds. Zakat is then obligatory for whoever's share reaches the (minimum threshold), or if they have an amount that, when added to their share, completes the nisab. This is because land is not subject to zakat unless it is prepared for trade, based on the Prophet's (peace be upon him) saying: "There is no (zakat) on a Muslim concerning his horse or his slave." If the land is for long-term investment, then its yield is subject to zakat if it reaches the nisab, and the amount of zakat is a quarter of a tenth (2.5%).

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
49828
Imported
Translation status
Source text, unreviewed
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