Sheikh Ahmad Kutty, a senior lecturer and Islamic scholar at the Islamic Institute of Toronto, Ontario, Canada, states: “The proper way to go about giving zakah on jewelry is to get it estimated every year and pay zakah on it at the rate of 2.5% of the total estimated value.
If, however, you are using part of the jewelry, then you are allowed to keep up to a maximum of seven tolas (equal to 180 grains or 0.4114 avoirdupois ounces (11.7 grams). This much is considered as exempt from zakah. The rest of the jewelry is subject to zakah; it is due every year on this portion at the rate of 2.5% of the total estimated value.
When to Pay Zakah on Jewelry
Did you like this content?
Recommended
Islamic View on Marrying Cousins
Istikharah prayer on marriage: signs of response
Planning for Future & Belief in the Unseen: Incompatible?
Why should anyone choose Islam?
Unique Features of Islam
Understanding Self-Worth and Patience in the Face of Adversity: A Spiritual Perspective
The Authority of the Sunnah
Guide for Righteous Merchants
Use of Power and Its Relation to Corruption in Islam
Why Islam Forbids Homosexuality
Top Reading