How is the zakat calculated for used gold owned for 14 years? Is it calculated for all those years? If so, how is the value of zakat calculated for past years, given the fluctuations in gold prices?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The states that a woman's permissible jewelry intended for use is not subject to , according to the majority of scholars. Therefore, there is no zakat on used gold. However, if a woman wishes to pay its zakat as a precaution for previous years, and the gold reached the , she may do so.
Summarized from the full answer at Ftawy · imported
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