My jewelry is mixed with other metals. How do I calculate Zakat on this?
April 4, 2020
Zakat is only due on Gold and Silver in Jewelry. All other metals and precious stones are not liable for Zakat. To identify the Zakat due upon your jewelry, you must determine the weight of gold and/or silver in your jewelry, and then determine the value of gold and/or silver.
Gold and silver can be valued at its resale value by a jeweler or you can multiply the number of grams (of gold or silver) you own by the current market value.
In order to calculate Zakat on silver and gold you must take into consideration the following:
The purity of the gold and silver within the jewelry.
24K gold is considered pure gold
To find the purity percentage of your gold, you must divide the karat value of your gold by 24 (the karat value of pure gold)
The weight of the gold and silver within the jewelry.
This is the true grammage of the amount of gold or silver within the jewelry and is based on the purity percentage
To find the true grammage of your gold or silver, you multiply the total weight of gold or silver in your jewelry by the purity percentage
The value of the gold and silver within the jewelry.
This is determined by the current value of gold and silver on the Zakat calculation date
For example, if you have 100g of 18K gold, you would calculate as follows:
Purity Percentage = 18/24
True Grammage = 100 x Purity Percentage
Value = True Grammage x Current Value of Gold (per gram)
Zakat Due on Jewelry = Value x 2.5%
11 Jan 2022
5 min read
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