What is Ruling Zakat on buildings and non-arable leased land?
After our organisation surveyed the different studies submitted about “Zakat on buildings and non-arable leased land” and after detailed discussion on the subject, the following has been decided: • There is no Qur’anic verse or a Prophet’s Hadith which points that Zakat is due on buildings and non-arable leased land. • There is no Qur’anic verse or a Prophet’s Hadith which points that Zakat is immediately due on the revenues of buildings and non-arable leased land.
Related Questions
- I purchased a manufactured home and installed it on leased land. What information must be on the bill of sale?
- Does Land Research Foundation buy land with improvements such as homes, office buildings or trailer houses?
- Do leased buildings and equipment need to be included in abandonment cost estimates?
