Is zakat obligatory on gold designated for adornment if it has not been worn for several years and reaches the nisab, and how is its zakat calculated—based on the purchase value or the current price? And what is the authenticity of the hadith narrated by Lady Aisha, may Allah be pleased with her, concerning the zakat on a silver ring?

Some scholars have made zakat obligatory on gold intended for adornment if it reaches the nisab, citing the hadith of Aisha (may Allah be pleased with her) with the Prophet (peace and blessings of Allah be upon him). Meanwhile, the majority of jurists, which is the view of a group of Companions, hold that there is no zakat on jewelry intended for adornment.

The Mufti believes that it is more prudent to pay zakat as a precautionary measure. Zakat is calculated based on the value of the gold on the day zakat becomes due, at its selling price. Then, a quarter of a tenth (2.5%) is to be paid. The nisab for gold is approximately 85 grams.