You have 85 gm gold how much zakat do you pay?

Alessandra Zemlak asked a question: You have 85 gm gold how much zakat do you pay?
Asked By: Alessandra Zemlak
Date created: Sun, May 16, 2021 9:09 PM

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Those who are looking for an answer to the question «You have 85 gm gold how much zakat do you pay?» often ask the following questions:

❓ How to do zakat on gold?

Calculate Zakat on gold When you want to calculate Zakat on gold then the Nisab is the cash equivalent of 3 ounces/87.48 grams of gold For example, if each ounce of gold is currently worth $43, the Nisab using the gold calculation is ($43X 3 ounces =$129). If your personal wealth is above $129, you owe zakat.

❓ How to do zakat on gold rate?

Now to calculate Zakat on your gold jewelry, you can use this simple method. The total weight of jewelry – the weight of other stones x the price of gold x 2.5%.

❓ How much zakat do i give?

Although there are no specific guidelines in the Holy Qur'an on exact percentages to be given as Zakat, the customary practice is to give 2.5% on capital assets. On agricultural goods, precious metals and livestock, the rate varies between 2.5% and 20%.

1 other answer

zakat is 2.5 %

Your Answer

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