Rulings Regarding Paying Zakaat On Land

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Zakir Naik

Channel: Zakir Naik

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Rulings Regarding Paying Zakaat On Land – Dr Zakir Naik

Episode Transcript

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How should Zakat be paid on land? Is it sufficient to pay zakat on it once for a number of years, when it is sold,

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if any land is purchased for the purpose of selling for doing business, then the clock should be paid 2.5% of the value of the land every year. So, once you possess the land, and if one year passes, then you have to pay 2.5% of the current value. So, whichever date you have chosen to calculate, it should not be on the price at which you purchased, the price may go up offline, the price may go down. So whatever is the present value of the land that you possess, the moment one year is completed, after you've acquired ftps, aka 2.5% on it. And suppose you have a land for several years, and

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you have to pay every year from whatever other wealth you have. But if you don't have any other wealth, and it's only land that you have, and you're unable to pay the sucker paying every year is the best. But if you're unable to pay if you don't possess any other wealth, that time as a last resort, which is not recommended. But as a last resort, if you don't have any money, then you can delay the paying of the car till the time you sell it. And when you sell it, if you possess the land for five years,

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and you haven't paid the cost when you sell it, you have to pay five into 2.5. But you have to note down the value of the land every year. The first year the value may be x, second year it may be y 30 it will be said So note down the value every year. And if you 2.5% of that value that year.

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And if you add up 2.5% each year out of the five years and then that amount of to give after you sell the land. The best is to give it as soon as possible. Thank you Dr. Sokka.