Gold Zakat — One-Sentence Overview
Gold zakat is the obligation for Muslims with gold assets at or above the nisab (80.18g pure gold ≈ £6,000 / $7,200 / €6,800) to give 2.5% as zakat. Classical Islamic jurisprudence offers two valid positions: one includes jewelry alongside investment gold, while another requires zakat only on investment gold (bullion, coins) and exempts jewelry held for personal use.
Gold Types and Calculation Table (2026)
Pure gold gram price is approximately £75 ($90 / €85) as of April 26, 2026 UK market.
| Gold Type | Pure Gold Ratio | Nisab (gram) | Approx. Value (£) |
|---|---|---|---|
| 24k (pure) | 100% | 80.18g | ~£6,000 |
| 22k | 91.6% | 87.5g | ~£6,000 |
| 18k | 75.0% | 106.9g | ~£6,000 |
| 14k | 58.3% | 137.5g | ~£6,000 |
Calculation Examples
Example 1: All Gold Included
- • 22k bracelet: 80g
- • 14k earrings: 30g
- • Total gold value: ~£8,250 (market)
- • Nisab exceeded (silver nisab basis)
- → Zakat: £8,250 × 0.025 = £206
Example 2: Investment Gold Only
- • Gold coins: 10 (~75g)
- • Bullion gold: 100g
- • Jewelry for personal use — exempt (this view)
- • Investment gold value: ~£13,125
- → Zakat: £13,125 × 0.025 = £328
Two Valid Positions on Jewelry Gold
Classical Islamic jurisprudence offers two equally well-founded positions on jewelry held for personal use. For investment gold (bullion, coins, ingots), zakat is required across all positions; the difference is only in jewelry treatment.
Position A — Jewelry Included
- • Jewelry gold: zakat applies
- • Investment / bullion: zakat applies
- • Preferred nisab: silver (561g ≈ £550)
- More expansive; benefits more recipients.
Position B — Jewelry Exempt
- • Jewelry gold (personal use): exempt
- • Investment / bullion: zakat applies
- • Preferred nisab: gold (80.18g)
- Choose based on your tradition or scholar.
For special cases or if you are uncertain which position applies to you, consult a scholar of your tradition.
FAQ
What is the 2026 gold nisab?
Gold nisab is 80.18 grams of pure (24-karat) gold. As of April 26, 2026 UK market prices, this is approximately £6,000 ($7,200 / €6,800). Daily gold prices fluctuate; use the live rate in the Bakara 195 zakat form for an accurate value.
What is the gold zakat rate?
The gold zakat rate is 1/40 or 2.5%. If you have £10,000 worth of gold above nisab, you pay £250 in zakat.
Is zakat due on gold jewelry?
Classical Islamic jurisprudence offers two valid positions: one view holds that zakat applies even to jewelry held for personal use, because gold is both an ornament and a form of wealth; another view exempts jewelry held for permissible personal use. For investment gold (bullion, coins) zakat is required across all positions. Choose based on your tradition.
How is zakat calculated for 14k and 22k gold?
Calculated on the pure gold content. 14k is 58.3% pure gold; 22k is 91.6% pure gold. Calculation: gram weight × karat ratio × current pure gold price = value. Value × 0.025 = zakat. For practical purposes, most calculators (including Bakara 195) use the market value directly.
How are gold and silver nisab combined?
Classical Islamic jurisprudence offers two approaches: one combines gold + silver + other commercial assets under one nisab (if total value exceeds the silver nisab, 561g ≈ £550 / $660 / €620, zakat is due); another treats gold and silver as separate nisabs. Choose based on your tradition.
How does a jeweler calculate zakat?
Jewelers holding gold inventory for commercial purposes pay 2.5% zakat on (inventory market value + cash + receivables - debts) at fiscal year-end. Annual zakat is calculated based on the business year.
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