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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Ruling on the Zakah of Gold After Selling It

Machine translationRead the Arabic original
Q: A woman asks: I sold some old gold that I had not paid the zakah on before. Please clarify for us how its zakah is calculated? And if I sold it for four thousand riyals (4000), do I have to pay the zakah on this amount?

A: If you did not know that the zakah was obligatory until after that, then you owe nothing. But if you knew that, then you pay the zakah on these four thousand: twenty-five for every thousand, which is a quarter of a tenth.
And so for the years before that, based on the value of the gold in the market at that time, a quarter of a tenth of the known currency.
As for if you did not know that until the last year, then you owe the zakah for the last year, twenty-five for every thousand, if the gold that was sold weighed twenty mithqals, which is eleven and a half Saudi pounds.
Source binbaz.org.sa

The Arabic text is copied verbatim from the original source, without any edits.

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