Is Zakat obligatory on gold stored for emergencies that yields no return, and how can this Zakat be paid?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
is obligatory on gold designated for savings if it reaches the (minimum threshold) and a hawl (one lunar year) passes over it. The hawl begins from the hawl of the money with which the gold was purchased. The default is to pay Zakat from the gold itself, but it is permissible to pay it in cash. If you do not possess cash, then pay Zakat from the gold itself or by selling it and giving its value in cash, then delivering it to one of the eight categories of Zakat recipients.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/188571
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 188571
- 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