Do we need to pay zakat on Platinum jwellery and valuable stones like daimond?
Answer:
(Fatwa: 2512/2066=B/1429)
The zakah is not wajib on platinum jewels, there is no zakah on diamonds too. Yes, if anyone deals in these items he has to pay the zakah of its price after completion of a year if it reaches up to nisab.
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband