Is zakat obligatory on a plot of land that was purchased with the intention of preserving wealth, with the possibility of selling it later to buy a house?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If you intend to preserve money in land and do not intend to sell it and profit from it, then there is no due on it. Sheikh Ibn 'Uthaymeen, may Allah have mercy on him, said that if a person intends to profit from the land, then Zakat is due on it because it becomes a trade. However, if he does not intend to profit, but rather intends to erect a building on it to rent out or reside in, or he wishes to preserve his money in it and does not intend profit, then there is no Zakat due on it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/157362
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 157362
- 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