Dr. Mufti Syed Ziauddin Naqshbandi Mujaddidi Qadri

Shaykh Ul Fiqh, Jamia Nizamia; Founder - Director


Abul Hasanaat Islamic Research Center

Mufti Maulana Syed Zia Uddin Naqshbandi Quadri

Shaik-ul-Fiqh - Jamia Nizamia


Abul Hasanaat Islamic Research Center

Zakaat - Rules and modern issues

Mufti Hafidh Syed Ziauddin Naqshbandi Qadri,
Professor, Islamic Law, Jamia Nizamia.
Zakaat should be given on which price?

Zakaat should be given on which price?

 

The price of gold/silver isn’t the same as when it was bought.  When giving Zakaat, which price should be considered?  The Jurists have clarified in this regard that the market price when giving Zakaat will be considered.  Another question in this regard is whether Zakaat should be given on selling price of buying price?  The Jurists have clarified that the price which is more beneficial for the needy folk will be considered.  As given in Radd Ul Muhtaar, Kitab Uz Zakaat.