calulate the amount of zakat on 10 tola golds and 40 tola silver if the rate of gold is 40000 per tola and the rate of silver is 5000 per tola
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Zakat must be paid on 2.5% of the value of the gold that you own. A gram of gold costs £40.88, which equates to £1.02 Zakat per gram. For example, if you own 50 grams of gold jewellery, you would owe £51.00 Zakat (50 grams x £1.02). Use our Zakat calculator to work out how much Zakat you owe on gold.
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It is permissible to give actual gold and silver in Zakat. ... This is done by giving the market value of 2.5% of the weight of the jewellery in Zakat. For example, if someone has gold jewellery that weighs 10 grams, they will have to give the market value of 0.25 grams (i.e. 2.5% of 10 grams) of gold as Zakat.
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