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What is the Islamic ruling on Zakat for a small plot of land?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
Assalamlikum Please provide me a fatwa regarding my plot (land) Zakath. I have a small plot present value less than Rs.3 lakhs. This plot I keep for my daughter’s marriage expenses now she is small. So, in this case I have to pay zakath on this plot value or not. Please provide me the FATWA under Islamic law. JAZAK ALLAH

Answer

(Fatwa: 1312/1231=D/1429)

If you did not purchase it as investment with the intention of business then you do not have to pay the zakah of its price.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

Original Source Link

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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