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The question

Is Zakat obligatory on 40 grams of gold for each of my three daughters?

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

is obligatory on jewelry prepared for use if it reaches the and a full year passes over it. If a father gives his daughters jewelry as a loan, then the jewelry remains his property and he must pay zakat on it if it reaches the nisab. However, if he transfers ownership of it to them, then there is no zakat on it unless the share of each one of them individually reaches the nisab, because the ownership of each one is separate from the other.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Ftawy
Original fatwa ID
13376
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