Explaining the Nisab Amount for the Zakah of Gold
Machine translationRead the Arabic original
Q16: The questioner says: I own a quantity of gold in the form of jewelry, and a year has passed without me paying its zakah. Should I pay for the past year and the current one, or only for the current one? And what is the nisab amount for the zakah of gold?
A16: The nisab of gold is twenty mithqals, which is approximately eleven and a half Saudi riyals from the Saudi gold riyal. As for what is paid out from the gold, it is one-quarter of one-tenth. Regarding the jewelry you mentioned, the details are as follows: If she acquired this jewelry for trade, seeking to profit from its price, then zakah becomes obligatory on its value, whether it is small or large. If its value reaches the nisab or more, she pays zakah on it by giving one-quarter of one-tenth of it. This is done by appraising and estimating its value, then paying one-quarter of one-tenth of it, because it has become merchandise for trade. However, if she acquired this jewelry for saving, and does not intend to wear it, but only intends to save it, then its zakah is paid based on its weight. If it reaches twenty mithqals or more, she pays one-quarter of one-tenth of it.
As for jewelry intended for use, this is a point of disagreement among scholars, with two opinions. The first opinion is that zakah is not obligatory on it, and it becomes like clothing, dwellings, and vehicles that a person uses for his needs, and there is no zakah on it. The second opinion is that zakah is obligatory on it, due to the generality of the texts regarding the obligation of zakah on gold. The stronger opinion is: the first opinion, that zakah is not obligatory on gold intended for use, and that it becomes like clothing, dwellings, and what a person needs for use, such as vehicles, houses, utensils, and food. Likewise, jewelry is part of one's needs, and there is no zakah on it according to this opinion. If she wishes to pay zakah on it as a precaution, she pays zakah based on its weight. If it reaches the nisab, she pays zakah on it in itself, or by adding other wealth to it, and pays zakah based on the current market price of gold.
A16: The nisab of gold is twenty mithqals, which is approximately eleven and a half Saudi riyals from the Saudi gold riyal. As for what is paid out from the gold, it is one-quarter of one-tenth. Regarding the jewelry you mentioned, the details are as follows: If she acquired this jewelry for trade, seeking to profit from its price, then zakah becomes obligatory on its value, whether it is small or large. If its value reaches the nisab or more, she pays zakah on it by giving one-quarter of one-tenth of it. This is done by appraising and estimating its value, then paying one-quarter of one-tenth of it, because it has become merchandise for trade. However, if she acquired this jewelry for saving, and does not intend to wear it, but only intends to save it, then its zakah is paid based on its weight. If it reaches twenty mithqals or more, she pays one-quarter of one-tenth of it.
As for jewelry intended for use, this is a point of disagreement among scholars, with two opinions. The first opinion is that zakah is not obligatory on it, and it becomes like clothing, dwellings, and vehicles that a person uses for his needs, and there is no zakah on it. The second opinion is that zakah is obligatory on it, due to the generality of the texts regarding the obligation of zakah on gold. The stronger opinion is: the first opinion, that zakah is not obligatory on gold intended for use, and that it becomes like clothing, dwellings, and what a person needs for use, such as vehicles, houses, utensils, and food. Likewise, jewelry is part of one's needs, and there is no zakah on it according to this opinion. If she wishes to pay zakah on it as a precaution, she pays zakah based on its weight. If it reaches the nisab, she pays zakah on it in itself, or by adding other wealth to it, and pays zakah based on the current market price of gold.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.