If you intended to sell it and sold it and had spent the money in less
than one year since intending tinsel it, there is no zakat.

my question is:I have a land which i initially bought Four years ago with the intent to developed/built a house on it. Later I changed my mine to sell it so that I can meet up some of my needs. The amount of the land is upto nisab zakkat. Though the gain made is not much, less that the nisab. Do I have to calculate and pay zakat from the proceed?

Zakat | July 8, 2016 1:49 am
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I have a one question regarding zakaat al fitr , in our native (india) we are paying zakaat al fitr in the form of money but in saudi arabia we heard with some ulamas that it is must to pay in the form of food only not by cash , please shed some light on this topic….
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I calculated the value of zakat that i had to give and it turned out to be 40000 rupees so i put this money aside. Few days later when i was about to hand over the zakat money, the rate of gold had changed and the due zakat now turned out to be 50000 rupees. At what rate do i give the zakat? According to the day i calculated it or the day when i hand over the money?