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The question

Is zakat obligatory on gold saved for purchasing basic household necessities, and is it true that zakat is not obligatory on it by analogy with a dwelling?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

What you heard about the non-obligation of on gold is incorrect. Rather, you are obligated to pay Zakat on the gold you own if it reaches the , which is approximately eighty-five grams of pure gold. This is due at the completion of every Hijri year from the time you acquired this gold. Zakat is not waived for any gold, except for jewelry prepared for permissible use, according to the majority of scholars.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
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Ftawy
Original fatwa ID
125670
Imported
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