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The question

How can one pay Zakat on gold for the past ten years, knowing that it was a gift, was not worn, and there was no intention of selling it?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

Scholars have differed regarding the on jewelry intended for wear. The we follow is that there is no zakat on it as long as it is intended for wear.

However, according to the view that mandates zakat on it, it is not obligatory unless it reaches the niṣāb (85 grams). If it reaches the niṣāb and you wish to pay its zakat as a precautionary measure, then for each year, you should pay 2.5% of the gold itself, or 2.5% of its value for that year.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
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Ftawy
Original fatwa ID
148765
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.
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Read the full answer on Ftawy