Is there zakah on gold intended for use?
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The questioner : Is there zakah on gold intended for use?
The Shaykh : The scholars (may Allah have mercy on them) differed regarding whether there is zakah on gold intended for use or not.
The correct view is that there is zakah on it. The evidence for this is the generality of the texts indicating the obligation of zakah on gold and silver without any specification. However, it must reach the nisab, which is eighty-five grams. If it is less than that, there is no zakah on it.
The questioner : May Allah bless you.
The Shaykh : The scholars (may Allah have mercy on them) differed regarding whether there is zakah on gold intended for use or not.
The correct view is that there is zakah on it. The evidence for this is the generality of the texts indicating the obligation of zakah on gold and silver without any specification. However, it must reach the nisab, which is eighty-five grams. If it is less than that, there is no zakah on it.
The questioner : May Allah bless you.