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The question

Is Zakat obligatory on a plot of land that was purchased for trade 20 years ago and has not been sold or generated income to date?

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

If you purchased the land for residence or for sale and consumption, then there is no due on you. However, if you intended it for trade, and its value reached the on its own or in combination with other money, then zakat is due on it.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
46476
Imported
Translation status
Source text, unreviewed
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