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I have heard that women need not pay zakah on jewelry, if it is within the limits of their social status. Is the above criterion not ambiguous?

Answered as per Hanafi Fiqh by Askimam.org
Answer

According to the Hanafi Madhab, a female is required to discharge Zakaat on
her jewellery if it is equivalent to the Nisaab (minimum Zakaatable amount).

and Allah Ta’ala Knows Best

Mufti Ebrahim Desai
FATWA DEPT.

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This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

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