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The question

Is zakat obligatory on a son's gold purchased with money received as a gift (nuqut), and does zakat consume wealth if the gold is dormant and not being utilized?

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

The minimum threshold () for on gold is 85 grams of pure gold. The gold you bought for your son is not subject to zakat because it has not reached the nisab. However, if a child's wealth reaches the nisab and a full year (hawl) passes, then zakat becomes obligatory on it, even if it is stagnant wealth. This is why it is permissible to invest the wealth of orphans so that zakat does not deplete it. It is not permissible for a male child to adorn himself with gold.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
158097
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