Zakat calculations for Gold and Money

Please advise the maximum number of grams of gold (how many grams) I can keep for use (i.e. not eligible for the Zakah). How do we calculate the Zakah on the gold balance?

Answer: 

Zakâh becomes due on gold at approx. 87.48g. [1]

Note, however, that this would only be in the case where you have only gold assets. If you have a mixture of cash, gold or silver (and perhaps business stock), you'd use the silver nisâb level which currently is much lower.

This silver nisâb changes every day (depending on the current price of silver), but we have daily updated prices on our site - see Zakâh Nisâb and Mahr prices - daily updates.

To calculate the Zakâh on your gold and other assets, you can use our Zakâh calculator to work it out. Type in the number of grams you have under the heading Gold and select "grams" next to it. It should display the result automatically.

And Allâh knows best


[1] Awzân Shar-'iyyah (اوزان ﺷﺮﻋﯿﮧ): Mufti Muhammad Shafi رحمه الله

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