19 January 2021   5. Jumad-us-Thaani 1442

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Zakah on Gold and Silver

Q. Is Zakah compulsory on gold and silver that is for personal use?


A. All forms of gold and silver are Zakatable whether they are in use or not. This includes jewellery that contains 50% or more gold and silver content, gold and silver coins (e.g. Kruger coin), gold and silver ornaments, utensils, etc.

And Allah Knows Best

Darul Ihsan Fatwa Department

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Nisab

13/01/2020

  • Mahr Fatimi: R19 696.59
  • Minimum Mahr: R393.93
  • Zakaah Nisaab: R7878.64
  • Fidya: R20.00

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