Khums: Does Increased Value of Gifted or Inherited Orchard Require Khums?
Practical Laws of Islam as per the teachings of Imam Khamenei
Khums: Does Increased Value of Gifted or Inherited Orchard Require Khums?
English:
Question #855:
An orchard belonging to someone was transferred to his son as a gift or by the way of inheritance. At that time, it was not of much value, but its present market value is much greater than its previous value. Is the excess amount resulting from the price increase subject to khums?
Answer #855:
Inheritance and gifts are not subject to khums, nor the money earned from their sale, even if their value increases, unless they have been kept for trading purposes and for the increase in their value. In the latter case, they should – by obligatory caution – pay the khums on the appreciation after selling them and deducting inflation if it is available at the end of khums year.
-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Khums