The Majlis Archive

Zakaat The Majlis Vol 28 No 01, p.5

The value of my gold jewellery is R60,000.

Question

The value of my gold jewellery is R60,000. But the value of the actual gold in the jewellery is R40,000. On what value do I have to pay Zakaat? The additional value is for the design of the jewellery.

Answer

Zakaat is paid on the value of the gold only, not on the value of the jewellery. Zakaat is not paid for 'the design of the jewellery'.

View on themajlis.co.za
Published in
The Majlis Vol 28 No 01
PDF page
5

Appears under ANOTHER MORON DEVIATE (approximate).

Was this page helpful?