Home » Hanafi Fiqh » ShariahBoard.org » If I bought a plot with an intention of selling it with a profit, would I have to pay zakat on this?

If I bought a plot with an intention of selling it with a profit, would I have to pay zakat on this?

Answered as per Hanafi Fiqh by ShariahBoard.org
If I bought a plot with an intention of selling it with a profit, would I have to pay zakat on this?
If I bought a plot with an intention of selling it with a profit, would I have to pay zakat on this?
Yes, in this case zakat is mandatory.
Allah (Subhanahu Wa Ta’ala) Knows Best

Mufti Nawal-ur-Rahman

Original Source Link (from Way Back Machine archive)

This answer was collected from Shariahboard.org. It was established under the supervision of the eminent faqih of our era, Hazrat Shah Mufti Mohammed Navalur Rahman damat barakatuhum.

Read answers with similar topics: