Zakaat On Precious Stones
Question
Does Zakaat have to be paid on precious stones?
Answer
In principle, precious stones and metals besides gold and silver are not subject to Zakah. However, if one has purchased precious stones with the intention of resale, then they will be sucject to Zakah.
References (Arabic / Urdu sources)
ولا زكاة في الجواهر واللآلى إلا أن يتملكها بنية التجارة كسائر العروض
مراقي الفلاح من نسخة حاشية الطحطاوي 391
- Approved by
- Mufti Muhammed Saeed Motara Saheb D.B.
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