How is the Zakat on jewelry estimated: Is it estimated according to the current price of gold, or according to its value at jewelry stores after being evaluated as used?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
on gold becomes obligatory when it reaches the (minimum threshold) of 85 grams and a full lunar year (hawl) has passed on it. This is done by paying one-quarter of one-tenth (2.5%) of its value at the time Zakat becomes due, which is its price as used gold. Thus, a woman estimates the value of the gold she owns as used gold, then she pays one-quarter of one-tenth of it, i.e., 2.5%, by dividing the value by forty. Zakat becomes due every year based on its value at the completion of the hawl, not its purchase price.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/13946
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 13946
- 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