A group of people bought a piece

Q: A man owns a piece of land that is worth one hundred thousand riyals. He owns the land for the purpose of trade and a lunar year has elapsed since he bought it. However, this man only owns this piece of land. Should he ask for a loan in order to pay its Zakah (obligatory charity) or should he wait until it is sold and then pay the Zakah for the previous period as some people say. If he pays Zakah for the past years after selling the land, how can he estimate the due Zakah for these previous years because the value of the land varies from one year to another?

A: Zakah is due on this land whenever one lunar year elapses. This person should pay Zakah if he has sufficient money with the passing of every lunar year. (Part No. 9; Page No. 328) If he does not have enough money to pay the Zakah, he does not have to borrow even though it is permissible. If he did not borrow the money, he should pay the Zakah on the past period when he sells the land or when he has enough money.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.