Is Zakat obligatory on the heir's share from the sale of agricultural land if it reaches the nisab but a hawl (one year) has not passed on it due to spending on education, living expenses, and installments for a commercial shop?
Inherited land is not subject to according to most scholars. However, if it is sold, Zakat becomes obligatory on its price, provided that a full Hawl (lunar year) passes after the money reaches the (minimum threshold). So, once you receive the price of the land, you should start a new Hawl from the day of its acquisition. If you spend all the money before the Hawl is complete, or if the remaining amount is less than the Nisab, then no Zakat is due on you.
It is known that the majority of scholars hold the view that debt negates Zakat on hidden assets (such as gold, silver, and cash) if the debt encompasses all that the debtor owns or reduces it below the Nisab.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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