The Ruling on the Zakah of Stored Silver
Machine translationRead the Arabic original
Question:
The questioner, Umm Ibrahim, says: I have had silver for a long time. It was at the beginning of my life, and I am now seventy years old. I kept it and did not pay its zakah. What is required of me now?
Answer:
It depends on your intention regarding it. If you want it for wearing, there is no zakah on it. But if you want it for accumulation and need, meaning you want to sell it, then there is zakah on it based on the original ruling. The zakah is one-quarter of a tenth if it reaches the nisab (minimum threshold for zakah). Yes.
The questioner, Umm Ibrahim, says: I have had silver for a long time. It was at the beginning of my life, and I am now seventy years old. I kept it and did not pay its zakah. What is required of me now?
Answer:
It depends on your intention regarding it. If you want it for wearing, there is no zakah on it. But if you want it for accumulation and need, meaning you want to sell it, then there is zakah on it based on the original ruling. The zakah is one-quarter of a tenth if it reaches the nisab (minimum threshold for zakah). Yes.
Source
نور على الدرب - الفوزان - 03/029 — archive.org (11:59)
The Arabic text is a machine transcription of the audio recording.