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The question

Is zakat obligatory on a commercial property that was purchased with the intention of trade and sale, then its direct investment ceased for a period while the intention of selling remained, and how much is the zakat if it becomes obligatory?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The shop is considered a trade commodity as long as there is an intention to sell it when its price rises. Zakat becomes obligatory on its market value at the completion of a hawl (lunar year) from its purchase with this intention. Scholars have differed on how the hoarder's zakat is paid: The Malikis hold that he pays zakat on the commodity if he sells it for one year only, while the majority of scholars hold that zakat is due on it every hawl. However, if the shop was bought with a wavering intention (between exploitation and sale), no zakat is due on it. Instead, zakat is due on the rent, if he leases it, provided it reaches the nisab and a hawl passes over it.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
103458
Imported
Translation status
Source text, unreviewed
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