Zakaat on Jewelry


Is it compulsory to value your jewelry every year to pay zaakaah on it.


With respect to the jewelry, you will first have to weigh it to see if it reaches the nisaab or not. If it is silver jewelry, then it must reach the minimum of 612 grams. Then you will pay zakaah on this by finding out the value of what you have and then pay 2.5 percent on the total value of the jewelry. If it is gold, then you will weigh it also. If it reaches 87.5 grams or more then you will have to pay 2.5 % on the total value. This will be done every year.


And Allah knows best

Mufti Waseem Khan