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The question

What is the amount of gold upon which Zakat is obligatory if it is worn and intended for saving at the same time?

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

Jewelry acquired for adornment is not subject to according to the majority of scholars. It does not matter if it is a means of preserving wealth or if its value increases, as long as it is not intended for trade. If its owner intends it for trade after it was for adornment, Zakat becomes due on it from the moment of that intention. As for jewelry acquired for savings or trade, the correct opinion is that Zakat is obligatory on it. Some scholars have gone further, holding that Zakat is obligatory on all jewelry without exception, even if it is prepared for use, and this is the more cautious approach.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
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Ftawy
Original fatwa ID
129355
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