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The question

Is zakat obligatory on gold sold due to need after a year has passed since its purchase?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Zakat is obligatory on gold purchased with the intention of sale when it reaches the nisab (minimum threshold) by itself or by combining with other money at the end of the hawl (one lunar year), and the zakat must be disbursed immediately.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
49574
Imported
Translation status
Source text, unreviewed
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