Prayers & Duties >> Zakat & Charity
Question ID: 160665Country: Pakistan
Answer ID: 160665
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 900/825/M=8/1439)
You own a plot in other city and intend to sell it after ten or fifteen years, so if you bought it with the intention of selling in the beginning then it is a business property and you will have to pay zakah on its value. However, if you did not buy it with the intention of selling rather you intended to make a house etc at the time of buying then no zakah will be wajib on this plot though now you intended to sell it later.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India