Zakah on Gold Intended for Wearing
Machine translationRead the Arabic original
The Shaykh:
Peace.
The questioner:
How are you, Shaykh? May Allah preserve you. Please, go ahead. May you live a long life. I have two questions, Shaykh. The first is about a sister of mine who has gold, approximately twenty-six thousand. Does she owe zakah on it, or does she not owe zakah?
The presenter:
The second question.
The questioner:
The second question: I took a loan from the bank. Of course, they say it is a commodity, but I do not know if it is halal or haram.
The presenter:
Okay, thank you. Her sister has twenty-six thousand in gold. Honorable Shaykh, is there zakah on that?
The Shaykh:
I mean, its value is twenty-six thousand.
The presenter:
Yes, Shaykh.
The Shaykh:
If she wants it for wearing and use, then there is nothing due on it. But if she wants it for trade, she must pay zakah on its weight. If it reaches the amount of eleven and a half Saudi pounds, or twenty mithqals, she must pay zakah by giving one-quarter of a tenth of it. Yes.
The presenter:
So, Shaykh, the stronger view regarding the zakah of gold, whether it is tangible or saved,
The Shaykh:
is that it is based on its weight of twenty mithqals, and twenty mithqals equal eleven and a half Saudi pounds. Yes.
Peace.
The questioner:
How are you, Shaykh? May Allah preserve you. Please, go ahead. May you live a long life. I have two questions, Shaykh. The first is about a sister of mine who has gold, approximately twenty-six thousand. Does she owe zakah on it, or does she not owe zakah?
The presenter:
The second question.
The questioner:
The second question: I took a loan from the bank. Of course, they say it is a commodity, but I do not know if it is halal or haram.
The presenter:
Okay, thank you. Her sister has twenty-six thousand in gold. Honorable Shaykh, is there zakah on that?
The Shaykh:
I mean, its value is twenty-six thousand.
The presenter:
Yes, Shaykh.
The Shaykh:
If she wants it for wearing and use, then there is nothing due on it. But if she wants it for trade, she must pay zakah on its weight. If it reaches the amount of eleven and a half Saudi pounds, or twenty mithqals, she must pay zakah by giving one-quarter of a tenth of it. Yes.
The presenter:
So, Shaykh, the stronger view regarding the zakah of gold, whether it is tangible or saved,
The Shaykh:
is that it is based on its weight of twenty mithqals, and twenty mithqals equal eleven and a half Saudi pounds. Yes.
Source
قناة «مكة و المدينة»، 03 فتاوى على الهواء - 03 02 1433هـ _ الشيخ صالح الفوزان — youtube.com (26:58)
The Arabic text is a machine transcription of the audio recording.