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Encyclopedia of Religion entry for
Gold
Arabic gahab The sale of gold is only lawful when it is exactly equal in point of weight, for Muhammad said,: "Sell gold for gold, from hand to hand at an equal rate according to weight, for any inequality in point of weight is usury. (Idem, vol ii 552.) "It is not lawful for a man or woman to eat or drink out of gold or silver vessels." (Idem., vol vi 86.) 
; Heb. 
. The zakat imposed upon gold is upon twenty misqals, one-half missal and upon every four missals in excess, one qirat, because the alms upon gold is one fortieth of the whole. This is due upon all gold, whether it be in coin or in ornaments. But as-Shafi ‘i says it is not due upon the ornaments of women or the rings of men. (Hidayah, vol. i p 27.)
citations: Dictionary of Islam, Hughes
article created 2006-04-12 , last updated 2006-04-12
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