Zakaat question.

[Abu Zayd al-Atharee]

As salaam alaikum wa rahmatullah,

If a women has gold jewellery which weighs 35 grams and is worth £682.50, is she obliged to pay Zakaat on it?

[Colonel_Hardstone]

As salaam alaikum wa rahmatullah,

If a women has gold jewellery which weighs 35 grams and is worth £682.50, is she obliged to pay Zakaat on it?

Zakaat Nissab for gold is 87.48 grams and for Silver is 612.36 grams.

http://www.duroos.net/

[Abu Zayd al-Atharee]

Zakaat Nissab for gold is 87.48 grams and for Silver is 612.36 grams.

http://www.duroos.net/

As salaam alaikum wa rahmatullah,

Which Nisaaab do we take? Because one is worth more than the other. In the case of Gold do I strictly use the Gold Nisaab as a measure? Please let me know, may Allah reward you.

[Colonel_Hardstone]

As salaam alaikum wa rahmatullah,

Which Nisaaab do we take? Because one is worth more than the other. In the case of Gold do I strictly use the Gold Nisaab as a measure? Please let me know, may Allah reward you.

W-Salam,

Ulama of Deoband tend to give a Fatwa to take the lesser Nisaab into consideration i.e. based on Silver.

I had extensive discussions with Shaykh (Dr) Awadullah during a course and he stated that Hanafi Ulama of Egypt respect the Ulama of Deoband but disagree and state that Gold is actually the valued currency of the day therefore the higher Nisaab (based on Gold) should be considered.

I then took the answer from Shaykh (Dr) Awadullah to a visiting Mufti from Darul-uloom Deoband and he disagreed and still preferred Nisaab based on Silver and gave the reasons given in the following Fatwa and preferred the Nisaab based on lesser value (i.e. that of Silver).

http://qa.sunnipath.com/issue_view.a...ID=1516&CATE=5

Personally Zakah is such an important pillar of Islam that I would personally error on the side of caution pay it on the basis of Silver.

I am not an Alim or a Mufti so can't give you an answer, these are just my views and some research on the matter.

[Abu Zayd al-Atharee]

W-Salam,

Ulama of Deoband tend to give a Fatwa to take the lesser Nisaab into consideration i.e. based on Silver.

I had extensive discussions with Shaykh (Dr) Awadullah during a course and he stated that Hanafi Ulama of Egypt respect the Ulama of Deoband but disagree and state that Gold is actually the valued currency of the day therefore the higher Nisaab (based on Gold) should be considered.

I then took the answer from Shaykh (Dr) Awadullah to a visiting Mufti from Darul-uloom Deoband and he disagreed and still preferred Nisaab based on Silver and gave the reasons given in the following Fatwa and preferred the Nisaab based on lesser value (i.e. that of Silver).

http://qa.sunnipath.com/issue_view.a...ID=1516&CATE=5

Personally Zakah is such an important pillar of Islam that I would personally error on the side of caution pay it on the basis of Silver.

I am not an Alim or a Mufti so can't give you an answer, these are just my views and some research on the matter.

As salaam alaikum wa rahmatullah,

So according to the 'Ulama of Deoband if my Gold isn't equal or above the Nisaab set for Gold, I should still pay Zakaat on the Gold if it's value is equal or above the Nisaab set for Silver. Have understood correctly?

[Abu_Bilal]

As salaam alaikum wa rahmatullah,

If a women has gold jewellery which weighs 35 grams and is worth £682.50, is she obliged to pay Zakaat on it?

Walikum-us-salam wr wb.

There is a huge amount of misunderstanding within the ummah on the issue of Nisaab.

Remember this clearly, Nisaab for Gold is 7.5 Tola, ONLY if the person has NO silver, NO cash and NO maal-e-tijarat.

If the person has SOME gold, and he has 100 pounds/dollars with him, then the Nisaab for that particular person would be different. Zakat would be fardh on that person, even if the gold he has is less than the Nisaab.

In your case, does the lady have ANY cash, or ANY silver? Even if the lady has 10 pounds with her, Zakat is fardh on her.

The masail of zakat are very important, and they can't be learned just by reading a book or a fatwa. You actually have to spend some time with a good aalim.

[AffanR]

5% Zakaat or donate on any thing earning or saving.

[Usama2]

5% Zakaat or donate on any thing earning or saving.

What is this Affan?
What are you saying here, because this is not zakat.

And Allah knows best.

[Colonel_Hardstone]

As salaam alaikum wa rahmatullah,

So according to the 'Ulama of Deoband if my Gold isn't equal or above the Nisaab set for Gold, I should still pay Zakaat on the Gold if it's value is equal or above the Nisaab set for Silver. Have understood correctly?

Nisaab with respect to Gold:

http://www.kitco.com/market/

http://uk.finance.yahoo.com/currenci...D;to=GBP;amt=1

Bid Price of Gold per ounce = $992.40 OR £600.60 OR €682.672

Bid price of Gold per gram (price per ounce /28.34952) = $35.00 OR £21.19 OR €24.08

Zakaat Nisaab for Gold (price per gram x 87.48 grams) = $3061.8 OR 1853.70 OR €2106.52

Nisaab with respect to Silver:

http://www.kitco.com/market/

http://uk.finance.yahoo.com/currenci...D;to=GBP;amt=1

Bid Price of Silver per ounce = $16.30 OR £9.87 OR €11.22

Bid price of Silver per gram (price per ounce /28.34952) = $.58 OR £.75 OR €.40

Zakaat Nisaab for Silver (price per gram x 612.36 grams) = $355.17 OR 459.28 OR €244.95

Therefore as you can clearly see that if someone takes GOLD as the standard the Nisaab comes out to over $3000 (US Dollars) VERSUS if someone takes Silver to be the standard the Nisaab comes out to be around $355 (US Dollars) and hence the discrepancy as to which number (or rather the standard i.e. Gold or Silver) should be taken into consideration.

Warning: This is just a mock calculation exercise using the latest Gold & Silver prices in the trading market to illustrate a point. Please don’t rely on it for your Zakaat and do your own calculations.

There is an online Zakat Calculator here for you to do your sums:

http://www.central-mosque.com/fiqh/zcalc.htm

BUT you will need accurate Gold and Silver prices to do your calculations and you can contact your local Jewellers to obtain that

[Abu Zayd al-Atharee]

Nisaab with respect to Gold:

http://www.kitco.com/market/

http://uk.finance.yahoo.com/currenci...D;to=GBP;amt=1

Bid Price of Gold per ounce = $992.40 OR £600.60 OR €682.672

Bid price of Gold per gram (price per ounce /28.34952) = $35.00 OR £21.19 OR €24.08

Zakaat Nisaab for Gold (price per gram x 87.48 grams) = $3061.8 OR 1853.70 OR €2106.52

Nisaab with respect to Silver:

http://www.kitco.com/market/

http://uk.finance.yahoo.com/currenci...D;to=GBP;amt=1

Bid Price of Silver per ounce = $16.30 OR £9.87 OR €11.22

Bid price of Silver per gram (price per ounce /28.34952) = $.58 OR £.75 OR €.40

Zakaat Nisaab for Silver (price per gram x 612.36 grams) = $355.17 OR 459.28 OR €244.95

Therefore as you can clearly see that if someone takes GOLD as the standard the Nisaab comes out to over $3000 (US Dollars) VERSUS if someone takes Silver to be the standard the Nisaab comes out to be around $355 (US Dollars) and hence the discrepancy as to which number (or rather the standard i.e. Gold or Silver) should be taken into consideration.

Warning: This is just a mock calculation exercise using the latest Gold & Silver prices in the trading market to illustrate a point. Please don’t rely on it for your Zakaat and do your own calculations.

There is an online Zakat Calculator here for you to do your sums:

http://www.central-mosque.com/fiqh/zcalc.htm

BUT you will need accurate Gold and Silver prices to do your calculations and you can contact your local Jewellers to obtain that

As salaam alaikum wa rahmatullah,

Ok, let's say the lady only has Gold and no money or silver upon which to pay Zakaat, will she still take the Nisaab of Silver to work out whether or not she should pay Zakaat on her Gold? Because if she takes the Gold Nisaab, her amount of Gold is below the Gold Nisaab.