Zakat Expert

Q: Is Zakat due on precious metals in a pension portfolio?

A: If precious metals consist of gold or silver, then these are Zakatable at 100%. Other precious metals are not Zakatable unless they are commodities and purchased to resell for capital gain.

And Allah knows best!

Mufti Faraz Adam

Helping you bring Zakat
to life where you live.

 

GIVE ZAKAT APPLY FOR HELP