There is no Zakah on the land intended for investment

Q: I would like to inform you that my two brothers and I have bought a plot of land measuring 2400 square meters in the area of Al-Khamis. We intended to invest it in the construction of housing units (Part No. 8; Page No. 95


A: There is no Zakah on the land prepared for investment (for rent) but the Zakah should be on the rent collected when it reaches the Nisab (the minimum amount on which Zakah is due) independently or after being added to other kinds of money and a full Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due) passes.May Allah grant us success. May Allah's Peace and Blessings be upon Prophet Muhammad and upon his family and Companions.

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If you intend to sell the land that you have, it will be regarded as commercial commodity

Zakah on merchandise
Paying the Zakah due on the money of the minors in your custody as you are the guardian over it

Zakah on merchandise
Zakah is not Wajib on the piece of land which is intended for building and taking it as private house or to renting it out

Zakah on merchandise
I own an organization for selling secondary spare parts of cars, which are unoriginal, how can I pay Zakah on it?

Zakah on merchandise
Zakah due on a piece of land dedicated for construction

Zakah on merchandise

Calculating the Zakah on the value of the land at the time of sale

Zakah on merchandise

There is no Zakah on the land intended for investment

Zakah on merchandise

Changing one's intention and deciding to sell a piece of land

Zakah on merchandise