How to pay zakaah on a farm that was sold by instalments over ten years

Dear Brothers & Sisters,
As-Salaamu-Alaikum wa Rahmatullahi wa Barakatuh. (May Allah's Peace, Mercy and Blessings be upon all of you)
One of our brothers/sisters has asked this question:
A man who owned a farm has sold it in installments along ten years, an installment every year. How should he pay zakat on it?.
(There may be some grammatical and spelling errors in the above statement. The forum does not change anything from questions, comments and statements received from our readers for circulation in confidentiality.)
Check below answers in case you are looking for other related questions:

Answer:
Praise be to Allaah.

Before the sale there was no zakaah on it, because it was not trade goods. After selling it, the zakaah is zakaah that is due on a debt. In other words, when he receives an instalment, he should pay zakaah on it for that year; when he receives another instalment in the second year he should pay zakaah on it for two years; when the third year has passed, he should pay zakaah for three years, and so on. End quote. 

Shaykh Muhammad ibn ‘Uthaymeen (may Allaah have mercy on him).

Whatever written of Truth and benefit is only due to Allah's Assistance and Guidance, and whatever of error is of me. Allah Alone Knows Best and He is the Only Source of Strength.

Related Answers:

Recommended answers for you: