Zakaat on a diamond necklace
Question
Q. I have a diamond necklace which my husband gave me as a gift. Do I have to pay Zakaat on it ?
Answer
No. There is no Zakaat on precious stones or metals besides gold and silver unless they have been purchased with the intention of resale. If your diamond necklace if for personal use, there is no Zakaat on the diamond itself. However, if the necklace is of gold or silver, Zakaat will have to be paid on the gold or silver content only.
And Allah Knows Best
- Answered by
- Mufti Suhail Tarmahomed
Where scholars differ, it’s safer to take the more cautious view.
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Source: Jamiatul Ulama KZN — https://jamiat.org.za/zakaat-on-a-diamond-necklace/
Fatawa SA: https://fatawa.co.za/fatwa/jamiat-12438
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