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Website of the Office of Grand Ayatullah Saanei :: The Zakat Payable on Gold and Silver

The Zakat Payable on Gold and Silver

Issue 946: Zakat will only be payable on gold and silver if they are coined and used as currency; and the Zakat will be payable even if the coins are ruined.

Issue 947: The coined gold or silver used as ornamental jewelry by women is not liable to Zakat, unless it is used as currency; the same also applies to Bahar-e-Azadi gold coins (nowadays popular in Iran) and the like which are not used as currency.
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