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Zakat on Gold? | Mufti Abu Layth

zakah zakaat zakah al-mal zakat al-mal obligatory charity malik ibn anas malik bin anas imam maalik imam malik ibn anas imaam imams prayer leader muftis madinah madina al-madinah madeenah yathrib

video · 1:40 · 2,900 views · 27 Apr 2020 · Open on YouTube

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Transcript

machineauto-transcribed, may contain errors · source: youtube auto · click a time to seek · dotted terms open the glossary
0:00

number mostly looking slick could you elaborate on Maliki's not paying zakat on gold as it applied to gold for investment of gold owned by businesses right so the school of Medina and other schools as well like the sharing mother they don't recognize as a cut on jewelry or on gold assets like that because to them this was never something a person had to give zakat on it was only as a Kurt was given on things which are kind

0:36

of deemed currency I mean I suppose even though that has value but it's not kind of in a state of currency if you like so even though you own a house and a house is wealth but the home that you're living in or that you own is not in a state of currency so therefore it's not part of this circuit concept or system that has been the school of Medina that has been in my Malik's understanding that because Imam Malik said that look I live here in Medina if he said that the

1:14

people my teachers they learnt from their fathers who lived from their fathers who learned from the prophet sallallaahu a little right here in Medina and we don't give zakat on jewelry and to me that just did it you know what there's no comeback to that see this is why the amel the practice of the people of Medina to me was such a compelling kind of argument

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Mufti Abu Layth Archive, auto-transcribed, may contain errors. https://muftiabulayth.org/r/lgdr5dxic1y/ (accessed 1 November 2026)

APA 7
Mufti Abu Layth. (2020, April 27). Zakat on Gold? | Mufti Abu Layth [Video, auto-transcribed, may contain errors]. Mufti Abu Layth Archive. Retrieved November 1, 2026, from https://muftiabulayth.org/r/lgdr5dxic1y/
Chicago author-date
Mufti Abu Layth. 2020. "Zakat on Gold? | Mufti Abu Layth." Video, auto-transcribed, may contain errors. Mufti Abu Layth Archive. Recorded April 27, 2020. Accessed November 1, 2026. https://muftiabulayth.org/r/lgdr5dxic1y/
BibTeX
@misc{abulayth-lgDr5dxiC1Y,
  author = {Mufti Abu Layth},
  title = {{Zakat on Gold? | Mufti Abu Layth}},
  year = {2020},
  month = {4},
  date = {2020-04-27},
  howpublished = {\url{https://muftiabulayth.org/r/lgdr5dxic1y/}},
  url = {https://muftiabulayth.org/r/lgdr5dxic1y/},
  organization = {Mufti Abu Layth Archive},
  urldate = {2026-11-01},
  note = {Auto-transcribed, may contain errors}
}