Calculating zakaat on gold for previous years
Question
A person bought 250 grams of gold in Dec 2016 and was unable to pay zakaat during the last 4 years. Now he wants to make up for the missed zakaat.
The question is, should he calculate the due zakaat of all 4 years on the current gold rates? Or should he calculate 2017 zakaat on 2017 gold rate, 2018 zakat on 2018 gold rate and so on?
Answer
He should calculate the zakaat of the gold for each missed year according to the gold rate of that year (i.e. the day zakaat became compulsory upon him in that lunar year).
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Zakaria Makada
- Checked & approved by
- Mufti Ebrahim Salejee (Isipingo Beach)
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