Is Zakat obligatory on land that was purchased to preserve wealth and sell it when needed, not for the purpose of trade?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Whoever buys land not for the purpose of trade but to preserve wealth, there is no due on it, even if it remains with him for years, because the intention of trade is not present. 'Urood (merchandise) is not subject to zakat unless it is for trade, and 'urood is everything that a person prepares for earning profit. So, if the intention behind buying the land is to preserve wealth and sell it when needed, there is no zakat 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/13622
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 13622
- 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