Fatwa: # 26513
Category: Charity, Obligatory (Zakaat)
Country: United States
Date: 21st April 2020

Title

Do I give zakat on plots of land owned by me?

Question

Do I give zakat on plots of land owned by me?

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

If you purchased the land with the intention of re-selling immediately and making a profit, it would be considered as stock in trade; hence you are obligated to pay Zakaat on the current market value of the land if it reaches the amount of Nisaab.[1]

If you purchased the land with the intention of keeping the land and then re-selling after some time and making a profit, then you are not obligated to pay Zakaat on the land in reference since it is not considered as being stock in trade.[2]

Kindly refer to the following Zakaat table for more details:

 

Personal Wealth

 

Amounts:

1.   Amount of Cash and Savings at home or in the bank

R 10,000

2.   Current value of any gold and silver jewelry, coins, utensils etc

R 5,000

3.   Value of  assets and merchandise for trade

R 20,000

4.   Receivables and loaned amounts to others

 

R 5,000

Total these amounts here:

 

R 40,000

Amount Debts to be paid:

 

R 20,000

Subtract the total amount of debts for the year from the above amount.

 

Nett Total of Zakatable Wealth

R 20,000

if the net total of Zakatable Wealth is more than the Nisab amount then…

 

 

And Allah Ta’āla Knows Best

Ismail Desai,
Durban, South Africa

Checked and Approved by,
Mufti Ebrahim Desai.

 

 


الزكوة و اجبة في عروض التجارة كائنة ما كانت (الهداية، 1/ 195، علمية)

أحسن الفتاوي، 4/299

فتاوي دار العلوم زكريا، 2/ 138)

الا أن يتملكها بنية التجارة (نور الايضاح، ص 214)

فتاوي دار العلوم ديوبند، 6/133

و تشترط نية التجارة لأنه لما لم تكن للتجارة خلقة فلا يصير لها الا بقصدها فيه و ذلك هو نية التجارة (فتح القدير، 2/217، الفكر)

2    فلا زكوة علي أثاث المنزل و دور السكني و نحوها (تنوير الأبصار، ج 2، ص 263- 265، ايج ايم سعيد)

عن حاجته الأصلية (تنوير، ج 2، ص 262، ايج ايم سعيد)

فارغ عن الدين و عن حاجته الأصلية (نور الايضاح، ص 209)

 

DISCLAIMER - AskImam.org questions
AskImam.org answers issues pertaining to Shar'ah. Thereafter, these questions and answers are placed for public view on www.askimam.org for educational purposes. However, many of these answers are unique to a particular scenario and cannot be taken as a basis to establish a ruling in another situation or another environment. Askimam.org bears no responsibility with regards to these questions being used out of their intended context.
  • The Shar's ruling herein given is based specifically on the question posed and should be read in conjunction with the question.
  • AskImam.org bears no responsibility to any party who may or may not act on this answer and is being hereby exempted from loss or damage howsoever caused.
  • This answer may not be used as evidence in any Court of Law without prior written consent of AskImam.org.
  • Any or all links provided in our emails, answers and articles are restricted to the specific material being cited. Such referencing should not be taken as an endorsement of other contents of that website.
The Messenger of Allah said, "When Allah wishes good for someone, He bestows upon him the understanding of Deen."
[Al-Bukhari and Muslim]