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Fatwa #190149 September 2010India

please let me know about the zakath of gold. my wife have gold more than the nisab amount . and she is not using even 25grms. so should i pay zakath for all the qty or except 85grms.

Question

please let me know about the zakath of gold.  my wife have gold more than the nisab amount . and she is not using even 25grms. so should i pay zakath for all the qty or except 85grms. 


Answer

In the name of Allāh, Most Gracious, Most Merciful


Assalāmu ῾alaykum wa Rahmatullāhi Wabarakātuh

In principle, zakat will become compulsory on ones wealth when it reaches or exceeds the nisab provided that this amount of wealth remains in ones possession for the duration of one entire lunar year.

The nisab is 20 Mithqals (87.479 g) for gold and 200 Dirhams (612.35 g) for silver.

Therefore, after reaching either the nisab or its value, your wife will have to discharge 2.5% of the entire gold whether she is using it or not.

And Allāh Ta῾āla Knows Best
Wassalāmu ῾alaykum

Ml. Abdur Rahman Shareef,
Student Dārul Iftā

Concurred by: Ml. Abduz Zaman, Student Dārul Iftā

Under the guidance of:

Mufti Ebrahim Desai Saheb
Dārul Iftā

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