The Majlis Archive

Zakaat The Majlis Vol 26 No 10, p.9

I have only one kruger gold coin.

Question

I have only one kruger gold coin. I have no other Zakaat assets. The weight of the coin is less than Nisaab. Is Zakaat payable on this one coin?

Answer

In view of the value of the gold coin being far in excess of the Zakaat Nisaab in vogue, Zakaat should be paid.

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Published in
The Majlis Vol 26 No 10
PDF page
9

Appears under LONG HAIR? (approximate).

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