Question ID: 15261
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Assalamoualaikoum wrwb,
Hope this email find you in the best of health by the grace of the Almighty Allah.
My name is =======  from Mauritius, graduated from S Africa at Darul Uloom Zakariyya in 1997. I have 3 queries to clarify regarding zakat which is a bit confusing. If Mufti Saab can clarify. Jazak Allah Khair.

1. According to the Hanafi Madhab, the method for calculating nisaab of zakat is , the actual value of 612.36 grm of silver. The confusing point is which value do we have to consider as the market value? We have one value which is the price the jeweller buys the silver. We have another value which is the price the jeweller sells the silver. We have another value which is the intrinsic value of silver which we can get for each country on the internet etc and it is lower than the price a jeweller buys. So which value will be considered as market value and need to consider to calculate nisaab?
2. According to Hanafi Madhab, the method for calculating zakat on jewellery is, the actual value of the jewellery and not the weight only, if it is “Khilaaf ul Jins”, according to “Mas’alatul Ibreek” in Shami. Again the confusing part is which value do we consider as the market value? As far as I know, it is the value a person gets if he sells his jewellery. But the question is if he sells his jewellery to another person, he gets full value of the jewellery. But not in every country nowadays, a person may sells his jewellery to another person. Some country it’s against the law to sell jewellery to another person like in Mauritius etc… The other value is when a person sells his jewellery to a jeweller, he gets only the value for his gold because a jeweller does not count his workmanship. So which value will be considered as market value and need to consider to calculate zakat on jewellery?
3. If Mas’alatul Ibreek is not used to calculate zakat on jewellery (as some Ulama saying), then I would like to have an explanation on Mas’alatul Ibreek, where do we use it for?
If Mufti Saab can clarify these 3 queries if possible with dalaail and references. Jazak Allah Khair.

 

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Asked on July 30, 2015 1:41 pm
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Private answer

1) Buying price.
2) Selling price to anyone.

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Answered on August 11, 2015 3:23 pm