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 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
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- Ftawy
- Original fatwa ID
- 55688
- Imported
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