Ruling on buying and selling land

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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:
If according to Islam is it permissible to earn/profit out of the investing in land/property. Thank you very much for your help in advance.
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Answer:
Praise be to Allaah.

Buying and selling land is permissible because it is included in the meaning of the verse in which Allah says (interpretation of the meaning): “Allaah has permitted trading” [al-Baqarah 2:275]. 

That applies whether it is for investment and profit, or in order to make use of it and benefit from it. 

But trading is subject to certain conditions in order to be valid, including: 

1.The land in question should be clearly known, as should the price, so that both the buyer and seller will be aware of what is going on

2.The transaction should be by mutual consent.

For more information please see the answer to question no. 103149 

And Allah knows best.

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.

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