Is Zakat obligatory on a plot of land that was purchased for the purpose of sale, and its full value has been paid, but it has not been actually received due to the incomplete preparation of the مخطط (master plan/layout), especially given the buyer's ordinary financial circumstances?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Since the land was purchased for the purpose of selling it, it is considered a trade asset subject to if the value of the two partners' share reaches the (minimum threshold) by itself, or when combined with money or other trade assets, and a hawl (one lunar year) has passed over it. The fact that the partner has not taken possession of it does not negate the obligation of zakat. If he possesses the value of the zakat, he should pay it. Otherwise, it remains a debt upon him that he must pay immediately upon becoming able to do so.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/102007
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 102007
- 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