Zakah on gold intended for use or saving
Machine translationRead the Arabic original
Question:
The questioner asks: What is the ruling on gold that is not intended for sale and has not been worn for a long period? Is there zakah on it?
Answer:
The ruling depends on the intention. If the owner of the gold intends it for wearing on occasions, the majority of scholars hold that there is no zakah on it, because it is not prepared for trade or growth, but rather for use, like clothing, houses, and vehicles. This is the position of the majority of scholars. However, if it is not prepared for wearing, but rather for hoarding, trading, and saving, then there is zakah on it every year, on everything that has reached the nisab after a lunar year has passed. Yes.
The questioner asks: What is the ruling on gold that is not intended for sale and has not been worn for a long period? Is there zakah on it?
Answer:
The ruling depends on the intention. If the owner of the gold intends it for wearing on occasions, the majority of scholars hold that there is no zakah on it, because it is not prepared for trade or growth, but rather for use, like clothing, houses, and vehicles. This is the position of the majority of scholars. However, if it is not prepared for wearing, but rather for hoarding, trading, and saving, then there is zakah on it every year, on everything that has reached the nisab after a lunar year has passed. Yes.
Source
مجالس رمضان 1429هـ - 04 — alfawzan.live (21:47)
The Arabic text is a machine transcription of the audio recording.