What are the rulings on paying zakah on gold, whether it is used or not?
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah preserve you. The questioner says: I ask you to clarify the zakah on gold that is used and gold that is not used, and whether I should pay its zakah at the price of each year, since the price of gold is not fixed. May Allah reward you with good.
Answer:
Jewelry intended for wearing has no zakah. As for jewelry intended for saving or for trading, it has zakah if it reaches the nisab and a lunar year has passed over it. It is paid every year by giving out what corresponds to one-quarter of one-tenth.
Honorable Shaykh, may Allah preserve you. The questioner says: I ask you to clarify the zakah on gold that is used and gold that is not used, and whether I should pay its zakah at the price of each year, since the price of gold is not fixed. May Allah reward you with good.
Answer:
Jewelry intended for wearing has no zakah. As for jewelry intended for saving or for trading, it has zakah if it reaches the nisab and a lunar year has passed over it. It is paid every year by giving out what corresponds to one-quarter of one-tenth.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما هي أحكام إخراج الزكاة على الذهب سواء المستخدم أم غير المستخدم؟ للشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.