Is Zakat on gold calculated based on the selling price or the purchase price if it reaches the nisab?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
is obligatory on jewelry intended for trade or investment if it reaches the , which is approximately 85 grams of pure gold. The amount of Zakat is a quarter of a tenth (2.5%). It is permissible to pay Zakat in money by valuing the gold at its selling price at the time Zakat becomes due, not its purchase price. It should be valued at its current price as used gold, not new. As for jewelry intended for permissible personal use, the majority of scholars hold that Zakat is not obligatory on it, and this is the given. However, it is more cautious to pay Zakat on it to avoid scholarly disagreement.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/156018
Where this answer came from
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- Ftawy
- Original fatwa ID
- 156018
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy