Prayers & Duties >> Zakat & Charity

Question ID: 61072Country: India

Title: Zakat on land for business

Question: I have buy a land for plotting so I am coming under zakah or not and if I have come so I will pay zakah on complete cost of land or only profit of land.

Answer ID: 61072Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 783/748/SN=11/1436) Zakah shall be wajib on the whole cost of the land not only on the profit provided the condition of zakah is found. And the cost of purchase will not be taken into consideration rather the cost in which the land is sold out after completing the year shall be calculated.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: Zakat on land for business

Question: I have buy a land for plotting so I am coming under zakah or not and if I have come so I will pay zakah on complete cost of land or only profit of land.

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