Zakah on Used Gold and Gold in Excess of Need
Machine translationRead the Arabic original
Question:
The questioner asks: What is the correct ruling regarding the zakah on used gold or gold that is in excess of one's need?
Answer:
Gold in excess of one's need is subject to zakah by scholarly consensus, and there is no disagreement on this; because it is gold and silver, and it is not kept for wearing. As for what is for wearing, the correct opinion among the scholars, and the view held by the majority of the people of knowledge, is that there is no zakah on it. Adornments that are worn, and what is intended for wearing and beautification, are not subject to zakah. Yes.
The questioner asks: What is the correct ruling regarding the zakah on used gold or gold that is in excess of one's need?
Answer:
Gold in excess of one's need is subject to zakah by scholarly consensus, and there is no disagreement on this; because it is gold and silver, and it is not kept for wearing. As for what is for wearing, the correct opinion among the scholars, and the view held by the majority of the people of knowledge, is that there is no zakah on it. Adornments that are worn, and what is intended for wearing and beautification, are not subject to zakah. Yes.
Source
مجالس رمضان 1430هـ - 05 — alfawzan.live (30:27)
The Arabic text is a machine transcription of the audio recording.