Zakaat on Real Estate (Four Types)

In the Name of Allaah, the Most Merciful, the Ever-Merciful…

The Permanent Committee for Research and Fatwaas, headed by Shaykh ‘Abdul-‘Azeez ibn Baaz (may Allaah have Mercy on him), was asked about a vacant lot of land purchased three years ago – Is there zakaat due upon it?

Their official published answer was as follows: Continue reading