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Is Zakah wajib on raw gold?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
assalam alaikum, my question is : Is “Zakah” wajib on raw gold (not a piece of Jewellery- but a block of gold cut from a 24 carat gold brick)?

Answer

(Fatwa: 1949/1542/D=1430)

It will also be liable for Zakah.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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