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The question

How is zakat on 24- and 21-carat gold in America calculated: is it based on the price of gold in Jordan or in America, given the significant difference in price?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The default for on gold is to pay it in kind. If you wish to pay its value in cash, then the determining factor is the price at which gold is sold in America at the time the Zakat is paid, as that is the country where the Zakat-liable wealth is located.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
32469
Imported
Translation status
Source text, unreviewed
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