What is the nisaab of gold?
Q:Salaams,
Is there a nisaab for gold in order to pay zakaat? Can you explain what is the correct way to go about weighing your gold jewellery? Jazakallah.
Wa Alaikum Assalaam,
A: Yes, there is a nisaab for gold.
With respect to the gold in jewellery, take it to a jeweller and ask them to weigh it. When it is weighed, find out what is the cost of that amount of gold and pay 2.5% on it.
And Allah Knows Best,
Mufti Waseem Khan.
16/07/15.