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The question

Is Zakat obligatory on a piece of land that was purchased with the intention of preserving wealth and benefiting from its increase in value over time, with the intention of selling it when needed or in emergencies, without specifying a date for that?

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

You are not obligated to pay on the land you bought with the intention of preserving wealth and not for trade.

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
176550
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