When a Person Possesses a Taxable Limit for a Whole Year
Issue No. 1621- Another condition is that one should possess the taxable limit of gold or silver for a whole year; if he enters the twelfth month, he should, as an obligatory precaution, pay its zakāt. In case, he sells it before the end of the eleventh month or if it falls below the taxable limit, or if it is not at his disposal, it is not obligatory for him to pay zakāt. The same goes if he exchanges it with something else or if he melts it. However, if he changes some gold and silver coins with other gold and silver coins, he should, as an obligatory precaution, pay its zakāt.
