Zakat on Property Bought to Sell
If you bought property with the intention to sell it for profit, Zakat is due on its current market value.
Property bought for resale is treated like trading inventory. On your Zakat date, calculate the current market value and pay 2.5% Zakat.
What Is Trading Property?
Property you plan to sell.
If you are a property developer, house flipper, or investor who buys property to sell for profit, that property is zakatable. It is treated like stock in a business.
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