Assalamu Alaikum,

I have a question about Zakat on a piece of land that I bought 3 years back with an intention to build a house over it and live in it . However, I never got a chance to build a house therefore piece of land is as is. Now, I am planning to sell it, as I already bought a house in different City where my job is. Do I need to pay Zakat on the Peice of land which I still owned by me at this point (planning to sell but no buyers are coming forward at the moment). If I still should pay a zakat then on what amount ? The amount that I paid to purchase the Land or the whatever is it's current value?

Another question regarding Zakat on the money that I lended to one of my relative 6 months back for couple of months but he didn't paid me back yet (neither I ask him to pay me back) . Do I need to pay zakat on that money as well?

Jazak Allahu Khairan