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Gold, Silver & Jewelry
Jul 13, 2026
Zakat on Broken Gold and Gold Stored in a Bank Locker
Question
Is zakat due on broken/scrap gold I no longer wear, and gold stored unused in a bank locker?
Ruling (Fatwa)
Short answer: Yes, zakat is due on broken/scrap gold and gold stored in a bank locker, provided it reaches the nisab (minimum threshold) and a full lunar year has passed.
Details: The Qur’an and Sahih hadith make no distinction between used and unused gold, nor between gold kept at home or in a locker. The obligation applies to all gold and silver that is owned and for which zakat has not been paid, as seen in the warning against hoarding. The form (broken, intact, jewelry not worn) does not affect the obligation. The evidence from Sahih Muslim 987a and Surah At-Tawbah 9:34-35 clearly indicates that withholding zakat on gold and silver leads to punishment. Therefore, you must calculate and pay zakat at 2.5% of the current market value of the gold if it meets the nisab (approximately 85 grams of gold, based on other authentic hadith) and one lunar year has passed since you owned it.
Evidence:
1. Sahih Muslim 987a: The Prophet (peace be upon him) warned that owners of gold or silver who do not pay what is due (zakat) will be punished with plates of fire heated in Hell.
2. Surah At-Tawbah 9:34-35: Allah condemns those who hoard gold and silver and do not spend it in His way, which includes paying zakat.
3. Sahih al-Bukhari 1404: Ibn 'Umar explained that hoarding refers to wealth on which zakat has not been paid.
4. Sahih al-Bukhari 1454: The Prophet (peace be upon him) prescribed zakat on gold and silver.
Disclaimer: This is a general ruling based on the provided evidence. For complex cases involving debt, multiple assets, or specific nisab calculations, consult a knowledgeable scholar.
References
Quran
Surah At-Tawbah 9:34-35
Hadith
Sahih Muslim 987a; Sahih al-Bukhari 1404; Sahih al-Bukhari 1406
Fiqh
Based on Sahih al-Bukhari, Sahih Muslim, and the Qur'an; the position of Ahl al-Hadith and the majority of scholars.