As Salaam Alaikum,
Q: If I don’t have money saved and I have personal Jewellery that I wear every day, do I have to pay Zakaat? I would greatly appreciate a reply soon, In Sha Allah.
Wa Alaikum Assalaam,
الجواب و بالله التوفيق
Yes, you will have to pay Zakaat on it when it reaches the Nisaab. If you possess gold jewellery, then when the weight of it is 87.5 grams and above, you must pay 21/2 % of it in Zakaat.
If you possess silver jewellery, then when the weight of it reaches 612.4 grams and above, you will have to pay 21/2 % of it in Zakaat.
And Allah Knows Best.
Mufti Waseem Khan.