Zakat FAQs (10/19)
Question
Is Zakāt compulsory on personal gold?
Answer
Zakāt is compulsory on gold & silver in one’s ownership for whatever reason and whichever form.
- Answered by
- Mufti Faraz al-Mahmudi
Questions about this ruling, answered only from the archive with sources.
Where scholars differ, it’s safer to take the more cautious view.
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Source: Jamiatul Ulama KZN — https://jamiat.org.za/zakat-faqs/
Fatawa SA: https://fatawa.co.za/fatwa/jamiat-16632-10