Zakaah On Gold

· 2 Muharram 1446 AH1 min readEnglish

Question

If one has only gold jewellery to pay Zakaah on, should he consider the value of the jewellery, or the weight?

Answer

The Fuqaha have stated that Zakaat is Waajib on gold when one owns 20 Mithqaal (87.48 grams) of gold. This will be the ruling if one possesses only gold and no other Zakaatable assets.

For example, if one possesses 60g of gold valued at R30 000.00, and this is the only Zakaatable asset that he possesses, then he will not be required to discharge Zakaat as 60 grams of gold is less than the gold Zakaat Nisaab.

ALLAH TA’ALA IN HIS INFINITE KNOWLEDGE KNOWS BEST!

References (Arabic / Urdu sources)

نصاب الذهب عشرون مثقالا فما دون ذلك لا زكاة فيه (الدر المختار و حاشية ابن عابدين)2/295

Answered by
Molana Abdul Kader Fazlani
Checked & approved by
Mufti Mohammed Desai
Questions about this ruling, answered only from the archive with sources.

Where scholars differ, it’s safer to take the more cautious view.

Fatawa SA is an independent, read-only index of fatawa already published by Darul Ifta Ibn Masood. It is not a fatwa service. For your own situation, please ask a Mufti. Report an issue

For corrections or mistakes, please email us at fatawasa786@gmail.com.

People also ask

How is zakaat on gold calculated?

“If a gold watch was purchased with the definite intention of trading in it (reselling), then Zakah will be obligatory on its market value, regardless of whether the gold content is predominant or not, because it falls under the…”

Camperdown · 95 fatawa from 8 Darul Iftas on this

What the Darul Iftas say