Asad Ali asked 1 year ago

Is there Zakat on Gold Bars in Shia Islam.  

1 Answers
Fiqh Department Staff answered 1 year ago

بِسْمِ ٱللَّٰهِ ٱلرَّحْمَٰنِ ٱلرَّحِيمِ
السلام عليكم ورحمة الله وبركاته
As Salaamu Alaikum Wa Rahmatullahi Wa Barakatuh,
We hope this answer finds you in high Islamic spirit.
No. However, Zakat on gold becomes obligatory when gold is used as currency.