Zakah on Diamonds
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh Abu 'Adil, does diamond fall under gold and silver in zakah? What is the zakah on diamond? And what is its amount?
Answer:
Diamonds are not included in gold and silver, but if one trades in them, they are a commodity, and zakah is paid on them as a commodity, because they are valued at their worth when the lunar year of possession is completed, and zakah is paid. Yes.
The presenter:
May Allah reward you with good and bless you.
He says: Honorable Shaykh Abu 'Adil, does diamond fall under gold and silver in zakah? What is the zakah on diamond? And what is its amount?
Answer:
Diamonds are not included in gold and silver, but if one trades in them, they are a commodity, and zakah is paid on them as a commodity, because they are valued at their worth when the lunar year of possession is completed, and zakah is paid. Yes.
The presenter:
May Allah reward you with good and bless you.
Source
نور على الدرب - الفوزان - 03/146 — archive.org (19:16)
The Arabic text is a machine transcription of the audio recording.
