Home » Hanafi Fiqh » Darulifta-Deoband.com » Is there a zakat on diamonds or other precious stones?
Answer
(Fatwa: 699/504/L=1432)
There is no zakah on diamond or precious stones provided they are not for business:
لا زكوة فى اللآلى والجواهر إلا أن تكون للتجارة (در مختار مع شامي: 3ظ194)
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband
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