Re: Zakat and the Method of its Calculation
Peace Enigmatic
As written above, let me re-write again. No Zakat is payable if the jewelry is used within a woman’s social status. But Zakat must be paid for the quantity which is beyond that (equivalent or exceed the quantity of ‘Nisab’).
The things (jewellery) either kept in home or in locker is still in possesion of individual as he/she own it, and if it passed one Lunar year and its worth equivalent or exceed the ‘Nisab’ then Zakat is obligatory on it. If a woman wants to pay Zakat voluntarily on all of her gold and silver jewelry she is allowed to do so. No Zakat is payable on jewelry worn by a woman not made from gold and silver, like diamonds and other precious stones.