How is zakat paid on hoarded gold that has not yet been in one's possession for a full year?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
is obligatory on saved gold if it reaches the نصاب () (85 grams) and one lunar year has passed over it. The year begins from the date of acquiring the money with which the gold was purchased, because purchasing it does not interrupt the year of its price. This is because banknotes, gold, and silver are treated as a single category. The amount that must be given is a quarter of a tenth (2.5%).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/134463
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 134463
- 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