Question
I have some gold and silver jewellery items. How should the Zakaat be calculated?
Answer
You have to add up the current values of the gold and silver jewellery items you have. If the total equals the Nisaab amount, then Zakaat is Waajib. If it is less than the Nisaab, Zakaat will then not be payable. The current Zakaat Nisaab is about R4,800 ($350).
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 24 No 03
- PDF page
- 4
Appears under A THEORY OF KUFR (approximate).