بســـم اللــه الرحــمــن الـرحـــيــم
▪️Is Zakaah due on land?▪️
Our Shaykh, Muhammad ibn Hizaam -may Allaah preserve him- was asked the following question:
A man bought a big strip of land, is he required to pay Zakaah on this land? And must he pay the Zakaah on a yearly basis?
If he bought it in order to preserve his money and sell it on for a profit, this would make it a form of investment, so he would be required to pay Zakaah on it annually together with the rest of his wealth. He has to calculate its worth the day he pays the Zakaah (and include that in his total sum).
But if he bought the land for his own personal use; such as building a settlement or to cultivate the land, then no Zakaah is required, and we seek Allaah’s aid.
Abu Ishaq Muhammad Ibn Ahmad Ba-‘Alawi
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