• 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: 61072

    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