Prayers & Duties >> Zakat & Charity
Question ID: 47014Country: Pakistan
Answer ID: 47014
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 1201/811/L=10/1434) If the house or land is purchased with the intention of selling then it shall turn business property and zakah shall be wajib on its value. If the land or house is not purchased with the intention of selling though at a later time the intension is changed then no zakah shall be wajib on the value of that land or house right now. However zakah shall be wajib on its price after it is sold provided the conditions which make zakah wajib are met.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India