The Zakah of Diamonds, Silver, and Gold
Machine translationRead the Arabic original
Question:
The questioner says: My sister has diamonds, silver, and gold. How do we pay the zakah on these items, Honorable Shaykh?
Answer:
If this is for jewelry and adornment, and not for hoarding or trade, then there is no zakah on it according to the correct opinion of the scholars, which is the opinion of the majority. However, if it is being saved for trade and dealing in it for its price, then zakah is due on it. The gold is assessed according to its weight, while the rest of the gems are assessed according to their value. Yes.
The questioner says: My sister has diamonds, silver, and gold. How do we pay the zakah on these items, Honorable Shaykh?
Answer:
If this is for jewelry and adornment, and not for hoarding or trade, then there is no zakah on it according to the correct opinion of the scholars, which is the opinion of the majority. However, if it is being saved for trade and dealing in it for its price, then zakah is due on it. The gold is assessed according to its weight, while the rest of the gems are assessed according to their value. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (070) لمعالي الشيخ صالح الفوزان بتاريخ [1435-11-22] - كبار العلماء — youtube.com (18:36)
The Arabic text is a machine transcription of the audio recording.