Do I pay Zakāt on gold and silver?
Gold and silver are always zakatable when you hold them as bars, coins or investment, valued at what you would receive if you sold them today. Everyday jewellery is where the schools take different views. In the Hanafi school gold and silver jewellery is zakatable whether you wear it or store it. In the Maliki, Shafi'i and Hanbali schools jewellery kept for genuine personal use is exempt. You can pick your school in the app and it will treat your jewellery to match.
Where the schools differ
Is jewellery you wear zakatable?
| Position held by | Ruling |
|---|---|
| Ḥanafī | Zakatable, whether you wear it or store it. |
| Mālikī · Shāfiʿī · Ḥanbalī | Exempt when kept for genuine personal use. |
The calculator marks which position produced your figure and lets you change it. See our method.
Positions differ. Confirm with your scholar.
Open the calculator at Precious Metals →
Zakat Made Easy, Mufti Faraz Adam: the position this app follows, used with the author's permission.