Question
I bought a gold coin at a discounted price. Should I pay Zakaat on the value of the coin or the lesser price that I paid?
Answer
On what amount would you have paid Zakaat if the coin was a free gift to you? You have to pay Zakaat on the current value of the coin.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 20 No 05
- PDF page
- 3
Appears under Questions and Answers (approximate).