Do I need to pay Zakat on my gold and silver?
- Gold and silver in whichever form they are in (jewellery, coins, or ingots etc.) are all subject to Zakat.
- If you own personal items made from a mixture of metals, then the gold/silver is liable to Zakat if the gold/silver content can be distinguished and ascertained.
- Some scholars are of the opinion that mixed metals are only liable to Zakat if half or more of the metal is gold or silver.