DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Very detailed questions about Zakah on Land

**xiaoselangone** · 12-05-2011, 10:22 AM

In answer to your first post:

Once again, Jazak Allah Khair for your reply.

My confusion: If I buy the land with the intention to build on it (and give 50% of the built property to the builder), does this constitute a trade? A trade is when you buy a property with the intention of "resale" which is not the case here since I won't be selling it.

Of course, if my intention is to sell the land later when it appreciates, this is a clear cut trade and I should be paying zakah no doubt. But such is not my intention.

Once I have the apartments, the rental money I earn will of course be subject to zakah as per usual.

The reason I say this:

There is no zakat on one's property holdings themselves, even if they are for commercial purposes, such as renting and leasing. There is, however, zakat on money made from such activity, subject to the normal considerations of zakatable wealth. Ref: http://qa.sunnipath.com/issue_view.a...ID=1514&CATE=5

Also:
http://www.islamicity.com/qa/action....op.shtml&-find

InshaAllah I will get in touch with Shaykh Haitham al Haddad or Mufti Ibn Adam once I return to England. They are the only 2 Ulama that I can think of who are very well conversant with such things.

12-05-2011, 10:22 AM	#5
xiaoselangone Join Date Oct 2005 Posts 542 Senior Member	In answer to your first post: Once again, Jazak Allah Khair for your reply. My confusion: If I buy the land with the intention to build on it (and give 50% of the built property to the builder), does this constitute a trade? A trade is when you buy a property with the intention of "resale" which is not the case here since I won't be selling it. Of course, if my intention is to sell the land later when it appreciates, this is a clear cut trade and I should be paying zakah no doubt. But such is not my intention. Once I have the apartments, the rental money I earn will of course be subject to zakah as per usual. The reason I say this: There is no zakat on one's property holdings themselves, even if they are for commercial purposes, such as renting and leasing. There is, however, zakat on money made from such activity, subject to the normal considerations of zakatable wealth. Ref: http://qa.sunnipath.com/issue_view.a...ID=1514&CATE=5 Also: http://www.islamicity.com/qa/action....op.shtml&-find InshaAllah I will get in touch with Shaykh Haitham al Haddad or Mufti Ibn Adam once I return to England. They are the only 2 Ulama that I can think of who are very well conversant with such things.
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