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Home Trending

Impact of Higher Gold Prices on Zakat Calculations during Ramadan

25 February 2026
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During Ramadan, Muslims worldwide are preparing to give zakat, a mandatory form of charity in Islam. With the price of gold nearly doubling since last year, the eligibility threshold for zakat has changed, impacting how much individuals owe based on their gold holdings. Understanding the calculation of zakat on gold items is crucial for Muslims to fulfill this pillar of their faith.

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Tags: AfricaAsiaAsia PacificcalculationsEconomyEuropeExplainerfeaturesgoldHigherImpactInfographicinteractiveLatin AmericaMiddle EastpricesRamadanreligionUS & CanadaZakat
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