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May 16, 2020
Do we pay zakat on jewelry that we wear (that may be mixed with other materials that are not gold)?
Yes, students are required to pay Zakat if they have met the nisab (minimum wealth threshold), just like any other adult Muslim. If a student has savings, investments, or other assets that exceed the nisab and have been in their possession for a full lunar year, they must pay 2.5% Zakat on those assets.
If you have a student loan, you may still need to pay Zakat. Learn more here.
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Your Questions about Zakat Answered
Here you will find more answers to your zakat questions.
Do we pay zakat on jewelry that we wear (that may be mixed with other materials that are not gold)?
Yes, students are required to pay Zakat if they have met the nisab (minimum wealth threshold), just like any other adult Muslim. If a student has savings, investments, or other assets that exceed the nisab and have been in their possession for a full lunar year, they must pay 2.5% Zakat on those assets.
If you have a student loan, you may still need to pay Zakat. Learn more here.
explore faqs
Your Questions about Zakat Answered
Here you will find more answers to your zakat questions.
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