How to calculate zakat on gold in indian rupees

Asked by admin @ 16/08/2021 in Sociology viewed by 258 People

How to calculate zakat on gold in indian rupees?

Answered by admin @ 16/08/2021

In the name of Allah. Peace and prayer of Allah be upon His messenger.

Zakat of gold, silver, and money isn’t compulsory until some requirements regarding it are fulfilled, namely:

The owner is a muslim.

The owner is a free man, not a slave.

The gold, silver, and money are entirely owned.

Its amount has reached the nishab of zakat.

Its amount isn’t diminish for a full one year period.

The Messenger of Allah – peace and prayer of Allah be upon him- said,

لَيْسَ فِي أَقَلَّ مِنْ عِشْرِينَ مِثْقَالاَ مِنَ الذَّهَبِ، وَلاَ فِي أَقَلَّ مِنْ مِائَتَيْ دِرْهَمٍ صَدَقَةٌ

“There’s no zakat for gold which amount is below 20 mitsqal and silver below 200 dirhams.” (Narrated by Abu Ubaid in “Al Amwal” page 50, no. 1113. Classed as valid by Sheikh Al Albani in Irwa-ul-ghalil, no. 815)

According to Mu’jam Lughah Al-Fuqaha’, 1 mitsqal equals 4.24 gram; thus, 20 mitsqal is 4,24 gram x 20 = 84,8 gram.

Our government has defined the nishab for gold for zakat is about 85 gram of pure gold. This is also the opinion of Sheikh Muhammad Ibn Shalih Al Uthaymeen, and this is our stance. And Allah knows best.

If a person has gold weighing about 85 gram or more, he is not obliged to pay for zakat until he has that 85 gram of gold or more for a year without ever reduced from it.

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