gold

Q: I like to find out if it is permissible to use gold or silver coated dinner sets, glasses or cups etc? (fake and real silver and gold respectively)

Q: Please advise if it is permissible to invest in gold stocks for companies owning gold mines, gold mutual funds, exchange traded funds or does one need to physically have the gold in one's possession?

Q: Is zakaat due on gold-plated jewellery?

Q:

1. A person has a jewellery shop. In this he sells a golden ring having a diamond. The gold value of the ring is 1000 pounds, but the ring is sold for 2000 pounds (which includes the value of the diamond, labour etc). Should he pay zakat on the gold value (1000 pounds) or the full value of the ring (2000 pounds)?

2. Further, the person buying the ring, should she pay zakat on the gold contents (1000 pounds) or the full value of the ring (2000 pounds)?

Q: May people purchase a gold coin using the FNB Share Builder account. Is this permissible?

Q: As per the need of the time of those days, the devaluation of money is going so fast and islaam made the nisaab of zakat in gold and silver. According to this if we make the transactions of mahr in Nikaah in gold, will it be valid shariah or not. In the case of divorce I find a man divorced his wife after 10 year's of the nikah, that time the Mehar was Rs. 1125/= that's also not paid at the time of nikah. With the papers of divorce, he sent the same amount to her after 10 years. So if they made the transaction in gold, the divorced woman would have something to support her for the future.

Q: If a person has a certain amount of cash only, has he to base his calculation for determining the nisaab based on existing rate of silver or gold? The reason is there is a vast difference in the market rate of a gram of silver and a gram of gold. Please advise. Jazakalkah.

Q: If we pay zakaat for 108 grams gold one year, next year we minus 2.5 grams from that gold or not? I mean we pay 105.5 grams zakaat next year or pay for the same 108 grams?