How is zakat calculated on an amount of EGP 7,000 out of an original EGP 15,000, and is zakat obligatory on gold that does not exceed EGP 1,000?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the father is wealthy, the money he possesses is a trust (wadi'ah) on which is obligatory if it reaches the and a full year has passed over it.
If he is in hardship, zakat is not obligatory until the money is received, and it is then paid for one year only.
The zakat on banknotes is calculated by dividing the amount by forty, meaning 25 pounds for every thousand pounds.
As for the zakat on women's jewelry, it is preferable to pay it to avoid disagreement and out of consideration for the rights of the poor.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/49572
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 49572
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy