Regarding the zakah of jewelry: If a person sells jewelry and buys other jewelry with the price, does a new lunar year begin, or does the lunar year continue?
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The questioner : May Allah reward the honorableThe Shaykh : Regarding the zakah of jewelry, if a person sells jewelry and buys other jewelry with the price, does a new lunar year begin, or does the lunar year continue?
The Shaykh : If he bases it on the first lunar year, that is more cautious. If he starts a new one, I hope there is no harm in it. For example, a woman has jewelry worth ten thousand riyals. During the year, she sells it and takes the price in cash, then buys other jewelry. Do we say that when the year of the first jewelry is completed, she must pay zakah on the second jewelry and that the lunar year did not break? Or do we say that it broke because it was sold for something of a different kind, namely paper currency? This is the reality; this is what consideration requires: that the lunar year of the first jewelry broke because it was sold for something of a different kind. However, if it was an exchange, meaning a woman exchanged her jewelry for other jewelry, and it must be of the same weight, and the exchange must be completed at the time of purchase, then the lunar year does not break here because she exchanged it for something of the same kind, so she bases it on the lunar year of the first jewelry.
The Shaykh : If he bases it on the first lunar year, that is more cautious. If he starts a new one, I hope there is no harm in it. For example, a woman has jewelry worth ten thousand riyals. During the year, she sells it and takes the price in cash, then buys other jewelry. Do we say that when the year of the first jewelry is completed, she must pay zakah on the second jewelry and that the lunar year did not break? Or do we say that it broke because it was sold for something of a different kind, namely paper currency? This is the reality; this is what consideration requires: that the lunar year of the first jewelry broke because it was sold for something of a different kind. However, if it was an exchange, meaning a woman exchanged her jewelry for other jewelry, and it must be of the same weight, and the exchange must be completed at the time of purchase, then the lunar year does not break here because she exchanged it for something of the same kind, so she bases it on the lunar year of the first jewelry.