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The question

How is the nisab calculated for gold used as adornment and for gold saved for future use, and how is zakat paid on these categories?

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

There is no on jewelry intended for adornment according to the majority of scholars, whether it is for a woman or for a man who adorns his women with it, because it is diverted from growth for permissible use.

As for gold intended for saving, zakat is obligatory on it if it reaches the (85 grams) and a full year has passed over it. Its amount is a quarter of a tenth (2.5%).

As a precaution and to avoid disagreement, one can pay zakat on all gold, whether intended for adornment or saving, at a rate of a quarter of a tenth (2.5%).

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Ftawy
Original fatwa ID
145644
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