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The question

What is the recognized Nisab for paying Zakat on gold jewelry and currency: is it the Nisab for silver or the Nisab for gold?

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

The majority of scholars do not obligate zakat on jewelry made for adornment. However, it is more cautious to pay it to avoid disagreement. It is preferable to pay zakat on jewelry when a year has passed by estimating its market value, adding cash to it, and paying zakat on the total. The reference for estimating the zakat threshold (nisab) is silver, as it is more beneficial for the poor.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
172193
Imported
Translation status
Source text, unreviewed
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