Question
(#269)
Country : New Zealand
Assalaamualaikum wrwb. I purchased silver jewellery with the intention of trading. For zakat, do I calculate zakat based on the market price that I’m selling the jewellery or on the weight of the jewellery? Jazaakumullah khayr
Answer
بسم الله الرحمن الرحيم
السلام عليكم و رحمة الله و بركاته
حامدا و مصليا و مسلما
Muhtaramah
We have received your query regarding the jewellery and the calculation of Zakaat, we apologise for the belated reply, our response is as follows:
In the above enquired scenario, Zakaat will be calculated according to the market rated value. [1]
And Allah Ta’ala knows best
Answered by:
Muhammad Irshad Motara
7th Shawwal 1447
26th March 2026
[1] محمود الفتاوى: ج٢، ص٢٦ و ٢٩
الفتاوى الهندية: ١/١٧٩
مكمل ومدلل مسائل رفعت قاسمي: ص ٩٦
أحسن الفتاوى: ج ٤، ص ٣٠٩
فتاوي دار العلوم زكريا: ج٣، ص ١٣٢