Gold

Book:

The Book of Zakat - كتاب الزكاة

Chapter:

Kinds of Wealth Subject to Zakat

Topic/Issue:2511 - Gold
Agreement:Agreed on two kinds of minerals(gold and silver that are not molded into jewelery), three categories of animals(camels, cows and sheep) two categories of grains (wheat and barley) and two categories of fruit (dates and raisins)
Opinions:
Opinion FromOpinionExplanation
Imam Malik,Imam ShafiThere is no zakat on it if it is intended for adornment and wearing.They are similar to goods, whose primary purpose is utility
Also narration of Jabir (RA)
Imam Abu HanifaZakat is to be levied on it.Similar to gold and silver, the primary purpose of which is to facilitate exchange
Narration of Amr ibn Shuayb
Evidences :Hadith of Jabir, Hadith of Amr ibn Shuayb [Hide/Show]
Tags :Worship, Zakah, Gold
References:1[pg:291]
Last Updated:2011-02-10

<< Back to List of Issues
Please Help Us Spread the Word. Press LIKE.