gold Archives - Page 60 of 128 - IslamQA

This answer was collected from AskMufti.co.za, which is operated under the supervision of Mufti Siraj Desai of Darul-Uloom Abubakr, South Africa.

Calculating Zakaat on Gold

Answered by Askmufti.co.za

Q: I live in Saudi Arabia. The price per gram of gold is 200 Saudi Riyals. How do I calculate the zakaat amount for gold my wife has? A: 200 multiplied by the weight of the gold. Then 2.5% (40th) of the value must be given in Zakaat. Example: 200  x 80 grams of… read more »

Shaving Baby’s Hair

Answered by Askmufti.co.za

Q: Is it compulsory to shave a new born baby’s hair on the 7th day? A: The hair of the new born baby should be shaved on the 7th day. A narration mentions that when Sayyidina Hasan (Radhiyallaahu Anhu) was born to Hadhrat Fatima (Radhiyallaahu Anhaa), Rasulullah (Sallallaahu Alayhi wa Sallam) told her to shave… read more »

Watch with White Gold

Answered by Askmufti.co.za

Q: Is it allowed to wear the new Rolex Datejust 2 watch, model 116300-72210, which is made of stainless steel, but which has the hour markers with some white gold and also the hour/minute hands made of 18 ct white gold? The color of all this is steel . A: It will be permissible to… read more »

Basics of Zakaat

Answered by Askmufti.co.za

Q: Can you please explain the basic rules of Zakaat? A: 1) Zakaat is payable on cash, gold, silver, merchandise, and livestock. 2) The above five types of wealth must be equal to, or more than the nisaab of Zakaat. The nisaab is the minimum amount of money on which zakaat is payable; this amount… read more »

Zakaat on Gold Coin for Lady

Answered by Askmufti.co.za

Q: If I have a Kruger Rand coin (gold coin), and I am a women who does not work, do I have to pay zakaat on it? A: If the Kruger Rand and other Zakaatable assets (if you have, e.g. gold and silver jewelery, cash) put together add up to the amount on which… read more »

Is it permissible for women to wear a platinum ring?

Answered by Askimam.org

  I bought my wife a platinum diamond ring a while ago, and would like clarification if platinum wedding ring is permissable for women to wear? I have heard from various non-qualified sources that it may not be permissabl. Answer In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh…. read more »

Zakat on Kruger Rand

Answered by Askimam.org

Please can you clarify for me in relation to zakaat.   Scoin sell and buy Kruggerands. As per below they give a buy & sell price as well as the gold price. If one owns 1oz kruggerands, how should it be valued for zakaat purposes after looking at the tables below? Buy price is R14400… read more »

Zakaat for a 6 year old child

Answered by Askimam.org

  I have a daughter who is 6 years of age. 3 years back I bought some gold for her with intention that its her gift and no plan to use myself. Since we cannot use normal insurance policies or bank fixed deposit, I thought this to be good option for her future safety. Now… read more »

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