- No, zakat is payable on the following, each according to certain criteria.

●No, zakat is payable on the following, each according to certain criteria. 1. Silver and gold coins. 2. Crops, such as wheat, barley, dates, and raisins. 3. Camel, cattle, buffaloes, sheep and goats. 4. [Revenue from trade]. * What are the conditions that should be present in silver and gold coins to render them taxable? - Several conditions: The quantity of gold should not be less than mithqal sairafi (of coins and bullion - a unit of weight, equivalent to 4.608 gm).

The percentage due is 2.5% . For every three mithqals increase thereafter, the same percentage must be paid. As for silver, the quantity should not be less than one hundred and five mithqals; the percentage due is 2.5%. For every twenty one mithqals thereafter, the same percentage should be paid. * If the quantities of silver and gold do not reach those limits? - No zakat is payable. 2. Eleven months should pass, leading to the twelfth month, while it is still in one’s ownership. 3.

Silver and gold should be of the minted type used as a means of monetary exchange. * What about jewellery made of gold and silver? - They are exempt from zakat. 4. The ability of the owner of these metals to use them freely all year round. Thus, no zakat is due on property over which you have no control, such as lost property, for a generally accepted length of time. 5.

Adulthood and soundness in mind of the owner, for no zakat shall be due on such coins owned by a minor or a mentally handicapped person. The second category of zakat is that which is due on such crops as wheat, barley, dates, and raisins. The minimum weight taxable of any of these crops, when it is dry, shall be three hundred sa’ (a cubic measure equivalent to approximately 847 kgs). The amount of zakat deductible is according to the following criteria: a.

If the land cultivated with these crops is irrigated by either rain or river water, that does not call for great effort, the zakat shall be 10%. b. If it is irrigated by hand, a pump, or the like, zakat payable shall be 5%. c. If the source of irrigation varies, i.e. using both the ways mentioned in (a) and (b), payment of zakat shall be at the rate of 7.5%, unless either way of irrigation was used sparingly. In this case, the rate shall be charged in line with the predominant way applied.

* Are there any other conditions? - Yes, the crop should be owned by the mukallaf at the time of zakat being due. Should he assume ownership thereof at a later date, no zakat shall be due.

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