Fatwaa ID: 531
Is there zakat on 18 kt gold?
In the Name of Allaah, the Most Gracious, the Most Merciful.
As-salaamu ‘alaykum wa-rahmatullaahi wa-barakaatuh.
18k gold is subject to zakaah, but only the gold content of it. You will find out the scrap value of 18k gold and use that to assess the value of your jewelry.
And Allaah Ta’aala knows best.
Mufti Muajul I. Chowdhury
Darul Iftaa New York
07/15/1444 AH – 02/06/2023 CE | AML1-7021
وصل اللهم وسلم وبارك على سيدنا محمد وعلى ءاله وصحبه أجمعين
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