Zakaat on Platinum, Gems, Rubies, Diamonds, Sapphires, etc.

Q: Is zakaat waajib upon platinum, gems, rubies, diamonds, sapphires, etc?

A: Zakaat is not waajib on all precious stones besides gold and silver unless they were purchased with the intention of resale.

(لا زكاة في اللآلىء والجواهر ) وإن ساوت ألفا اتفاقا ( إلا أن يكون التجارة ) والأصل أن ما عدا الحجرين والسوائم إنما يزكى بنية التجارة (ج2 ص 273)

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

FacebookTwitterGoogle+PinterestWhatsApp

Check Also

Fasting Q&A (Part 2)

Question: If a person forgetfully eats while fasting, does his fast break? Speaker: Ml. Ebrahim Salajee …

Leave a Reply

Your email address will not be published. Required fields are marked *