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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Zakah of Jewelry Intended for Use and for Rent

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Question:
The Shaykh: Also, this woman says: I have some gold and silver, but I do not know the amount of the nisab (minimum threshold for zakah) in them, nor do I know whether zakah is obligatory on them or not. Of course, a response has been given regarding this matter, knowing that I sometimes wear it and sometimes rent it out. She says: I would like to pay zakah on it, meaning as a precaution, it seems.

Answer:
As for jewelry intended for use or for lending, there is no zakah on it according to the majority of scholars, and we have previously spoken about this. Yes. As for what is intended for rent, zakah is obligatory on it because it is no longer intended for use. Therefore, zakah is obligatory on its principal by giving one-quarter of what corresponds to one-tenth of it, if it reaches the nisab. Zakah is also obligatory on its rental income. Zakah is also obligatory on its rental income; its rental income is added to it, and zakah is paid on the whole. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، 14 من 27|أحكام المرأة في الصيام|أحكام الزكاة|صالح الفوزان|فقه|كبار العلماء — youtube.com (2:31)

The Arabic text is a machine transcription of the audio recording.

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