## Limit of Gold Zakat.

1962.
There are two taxable limits of gold. The first limit is 20 Mithqals
(Sharee’), one Mithqal being equal to 18 Nokhod (or 3.456 gms). Hence
when the quantity of gold reaches 20 Mithqals Sharee’, which is equal to
15 ordinary Mithqals and other requisite conditions are also fulfilled,
one should pay 1/40th part of it, (which is equal to 9 Nokhod or 1.728
gms), as Zakat. And if the quantity of gold does not reach this limit, it
is not obligatory to pay Zakat on it. The second taxable limit of gold is
applicable when gold, in addition to 20 Mithqal Sharee’ is further
increased. If an additional of 4 Mithqal Sharee’ which is equal to 3
ordinary Mithqals takes place to 20 Sharee’ Mithqals, one should pay
Zakat on the total quantity at the rate of 2.5%. And if the addition is
less than 4 Sharee’ Mithqals, Zakat will be payable on 20 Sharee’
Mithqals only; and it will not be obligatory to pay it on the additional
quantity. The same rule applies as and when ongoing additions take place
in the quantity of gold, like, if a further increase of 4 Mithqals takes
place, Zakat should be paid on the entire quantity, and if the increase is
less than that, on Zakat will be payable.