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Saturday, August 18, 2012

I have 5 or 6 watches that have been given to me as gifts by various people over the last few y

Question:
I have 5 or 6 watches that have been given to me as gifts by various
people over the last few years, thetotal value of which comes to about
�3000. Do I have to pay zakat on these watches?
Answer:
In the name of Allah, Most Compassionate, Most Merciful
The detailed rulings of zakat have been mentioned numerous times on
the SunniPath website.
Based on those rulings, there will be no zakat on the watches given to
you as gifts, unless they are gold/silver watches. In that case, the
value of the gold/silver will have to be appraised and zakat will be
payable on the appraised [weight] value.
Verily, Allah knows best.
Editor and Publisher,Psychologyist at - INDIA

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