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The question

Is zakat obligatory on gold sold due to need after a year has passed since its purchase?

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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 gold purchased with the intention of sale when it reaches the (minimum threshold) by itself or by combining with other money at the end of the hawl (one lunar year), and the zakat must be disbursed immediately.

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
49574
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