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Old 12-12-2011, 08:45 AM   #35
VottCetaVeivE

Join Date
Oct 2005
Posts
518
Senior Member
Default
i am providing proof for everything. Points 4, 9 and 10 are correct. Wait for the proof. I am getting from Reliance of the Traveller, Shafifiqh.com and Sunnipath.com
9) no zakat on gold/silver jewellery
h4.0 ZAKAT ON GOLD, SILVER,
AND OTHER MONEY

h4.1 Zakat is obligatory for anyone who has
possessed the zakat-payable amount of gold or
silver for one year.
THE ZAKAT-PAYABLE AMOUNTS OF
GOLD, SILVER, AND 0THER MONEY
h4.2 The zakat-payable minimum for gold is
84.7 grams, on which 2.1175 grams (2.5 percent) is
due. The zakat-payable minimum for silver is
592.9 grams, on which 14.8225 grams (2.5 percent)
is due. There is no zakat on less that this.
(N: One must pay zakat (n: 2.5 percent) on all
money that has been saved for a year if it equals at
least the market value of 592.9 grams of silver (n:
that is current during the year). While there is a
considerable difference between the value of the
gold zakat minimum and the silver zakat
minimum, the minimum for monetary currency
should correspond to that of silver, since it is better
for the poor.)
h4.3 . Zakat is exacted proportionately (2.5 percent)
on any amount over these minimums,
whether the gold or silver is in coins, ingots,
jewelry prepared for uses that are unlawful or
offensive (dis: f17.6,8,1l), or articles which are
permanent acquisitions.
h4.4 There is no zakat on (n: gold or silver)
jewelry that is for permissible use.


You said there is 'no' Zakat. Well there IS zakat on gold and silver. Only the jewellery that is used often is exempted.
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