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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The zakah of gold that is not used

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Question:
May Allah reward you with good, O Shaykh. I have gold that my wife has had for three years. She has not worn it, and we have not used it. Should we sell it, or should we sell it and exchange it for something else and pay its zakah? What is the zakah that we have to pay on it? What is obligatory upon us?

Answer:
If the intention regarding this gold is for use, then there is no zakah on it, even if she does not wear it except occasionally or only on special occasions. There is no zakah on it because it is no longer for growth or trade, but rather it has been set aside for use. Yes.
Source قناة «مكة و المدينة»، 07 / ‫فتاوى على الهواء - 20 02 1437هـ _ الشيخ صالح الفوزان — youtube.com (48:12)

The Arabic text is a machine transcription of the audio recording.

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