Is there zakah on gold if it is kept for savings?
Machine translationRead the Arabic original
Question:
He says: My mother, or rather a woman asking on behalf of my mother, kept gold for ten years for my marriage. I took it for the marriage and got married with it. Is there zakah on it?
Answer:
It is obligatory to pay zakah on it if it reaches the nisab. It is obligatory to pay zakah on it every year, because it is wealth that reaches the nisab and a lunar year passes over it, so zakah becomes obligatory on it. One pays out one-quarter of one-tenth, even if it is intended for marriage or set aside for a need. Zakah becomes obligatory on it as the years pass, one-quarter of one-tenth of it every year.
He says: My mother, or rather a woman asking on behalf of my mother, kept gold for ten years for my marriage. I took it for the marriage and got married with it. Is there zakah on it?
Answer:
It is obligatory to pay zakah on it if it reaches the nisab. It is obligatory to pay zakah on it every year, because it is wealth that reaches the nisab and a lunar year passes over it, so zakah becomes obligatory on it. One pays out one-quarter of one-tenth, even if it is intended for marriage or set aside for a need. Zakah becomes obligatory on it as the years pass, one-quarter of one-tenth of it every year.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل في الذهب زكاة إذا كان معدا للادخار؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.