Question
How much Zakaat should be paid on a krugerrand?
Answer
5% of the value of the kruger coin must be given as Zakaat. The price today of a kruger coin is R80,000. The Zakaat on one kruger rand is therefore R2,000.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 28 No 09
- PDF page
- 8
Appears under CHILDREN IN THE MUSAAJID (approximate).