How is zakat to be paid on stored gold coins that are not intended for trade, knowing that they are sold in the market at a higher price than pure gold due to their antique value?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the gold coins are not for trade, then what matters for their Zakat is their weight, not their value. Zakat is to be paid at a rate of one-quarter of one-tenth (2.5%) of them, or that weight in gold, or its equivalent value in circulating currencies.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/188978
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- Ftawy
- Original fatwa ID
- 188978
- Imported
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- Source text, unreviewed
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- Read the full answer on Ftawy