Is platinum considered ribawi wealth, and is zakat obligatory on it if it is acquired for saving rather than for trade?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Platinum is a precious metal. It is permissible to sell it for cash on credit. Immediate possession (at the time of the contract) is not a condition for its sale, nor is zakat obligatory on it if it is not among trade goods, but rather intended for saving and adornment.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/55688
- Source platform
- Ftawy
- Original fatwa ID
- 55688
- Imported
- Translation status
- Source text, unreviewed
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- Read the full answer on Ftawy