Is the value of the remaining gold for Zakat calculated based on the price of gold at the time the Hawl (Zakat year) is completed, or on its current price when Zakat is disbursed?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
on gold is due on the gold itself. So, if you possess one hundred grams of gold, its zakat is two and a half grams of gold. It is permissible to pay cash instead of the obligatory amount for zakat on gold and silver, as both are considered mediums of exchange, provided that the amount paid is equivalent to the value of what is due on the day of payment. If the payment of a portion of the zakat is delayed, then one-fourth of one-tenth of the delayed amount must be paid in gold or its equivalent value on the day of payment.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/8355
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- Ftawy
- Original fatwa ID
- 8355
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- . 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