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Land that is kept for building does not require paying of Az-Zakah

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Details: Category: Sheikh Bin Baz; Published on Thursday, 07 November 2013 10:53; Hits: 776

Land that is kept for building does not require paying of Az-Zakah

Question:

I have a piece of land that I bought with the intent of building on it. Then after a period of time, I needed to sell it, so I sold it. Is there any Zakah due on me for the period of time that I was not trying to sell it.
Answer:

If the matter is as you mentioned in the question, there is no Zakah due on you for whatever time passed before the sale. This is because the reason that necessitates the the payment of Az-Zakah is not present, which is the intent to sell, and you were not intending to sell it.
Shaykh `Abdul-`Azeez Bin Baz
Fatawa Islamiyah, DARUSSALAM, Vol.3, Page No. 166