The Ruling on the Zakah of Diamonds
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Q19: The questioner asks: Is there zakah on diamonds, what is its amount, and what is the nisab (minimum threshold for zakah) for gold? May you be rewarded.
A19: There is no zakah on diamonds if they are not intended for sale. However, if they are intended for sale, they are merchandise, and zakah is obligatory on their value. As for whether they are like gold, no, they are not gold, even if they are precious. As for the zakah on gold, the nisab for gold is eleven and a half Saudi pounds, which is twenty mithqals.
A19: There is no zakah on diamonds if they are not intended for sale. However, if they are intended for sale, they are merchandise, and zakah is obligatory on their value. As for whether they are like gold, no, they are not gold, even if they are precious. As for the zakah on gold, the nisab for gold is eleven and a half Saudi pounds, which is twenty mithqals.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.
