How Zakat on Gold in Islam Works
According to Islamic jurisprudence, Zakat on gold is a religious obligation for every Muslim who meets the specific criteria of wealth ownership. It ensures wealth is distributed to those in need, purifying the remaining assets.
The Nisab (Threshold)
Zakat is only mandatory if your gold exceeds 87.48 grams (7.5 Tolas). If your gold weighs less than this, you are not required to pay Zakat on it.
The Rate (2.5%)
Once the Nisab is met, the rate of Zakat is 2.5% of the total market value of your gold. This must be paid once every lunar year.
Common Questions (FAQ)
Is Zakat due on gold jewelry used for wear?
Yes. Under the most widely accepted Islamic rulings, Zakat is due on all gold owned, including jewelry intended for personal use, if the weight exceeds the Nisab.
How do I value my gold?
You must use the current market value of gold on the day you are calculating your Zakat in 2026, not the price at which you bought it.