Do We Have To Pay Zakat On Residential Plots Of Land?
Thanks Faisal Bhai. Does the same ruling apply to debt as well? For example if I have lent money to a friend. Do I need to pay zakat on that amount in the following 2 scenarios? 1. I am expecting to get money back 2. I don’t expect to get that money back because the friend’s situation is that he might not be able to return the amount