Gold, silver and cash

Q: What is the tahqeeq on white gold? Is Zakaat payable on it?

Q: Is resizing of rings or other jewellery permissible in Islam? If so, does one have to pay zakat based on the original weight of the jewellery or the new reduced weight?

Q: There are different concepts regarding taking out zakat on your gold. Some people say that you have to take it out on the price you will purchase that amount of gold (new gold price), some say that you need to deduct 12 mashaay, some say that on the amount you will sell your gold you have to take zakat on that amount of money. I cannot take my gold every year to the goldsmith to measure and then to take out the zakat due to the reasons of security. Can you please guide me the correct method in the light of Quran and Sunnah. For example if I have 12.947 tola of gold, and the rate of gold is as follows:

24K 10 Grams = Rs 42128

24K Per Tola = Rs 49150

22K 10 Grams = Rs 38617

What would be the amount to be taken out as zakat on the above mentioned gold rates?

Q: Someone took gold on credit cards and couldn’t pay the credit card, so the interest is triple times more since 1 year, and the person left the country. Is the person eligible to pay zakat on this gold? As people are saying that its not payable to zakat because person is not paying credit cards bills and interest is more than its amount of credit limits.

Q: Is zakaat due on sterling silver jewellery?

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: Is there zakaat on a kruger coin that is lost?

Q: Does one have to pay zakaat on sterling silver?

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?