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Home   /   The Minar Blog   /   Page 3 of 4

The Minar Blog

How do I calculate Zakat on jewellery?

How do I calculate Zakat on jewellery?

February 12, 2019

Zakat is based on giving 2.5% of total savings within a lunar year.  These savings include cash in hand, income earned on investments, funds currently in bank accounts and precious metal objects (e.g. Gold or Silver)  There is no Zakat due on platinum or palladium or other precious metals apart from gold and silver.  Diamonds and gemstones (pearls, sapphires, rubies, corals, etc) are also exempt from Zakat.

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What is hallmarking and why is it important?

What is hallmarking and why is it important?

February 08, 2019

It is very difficult to ascertain how much precious metal is contained in items of jewellery just by looking at it or touching it.  There are some unscrupulous dealers who will try and pass off items of jewellery with low amounts of precious metal content as having high amounts.  By using a hallmark, the exact purity of an items precious metal can be clarified and confirmed - so that consumers can be safe in the knowledge that what they are buying is a genuine and legitimate product.

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The Tradition of Buying Gold on The Day of Dhanteras

The Tradition of Buying Gold on The Day of Dhanteras

October 20, 2018

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Happy Raksha Bandhan!

Happy Raksha Bandhan!

August 02, 2018

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40th Anniversary Gift Ideas - Ruby Jewellery!

40th Anniversary Gift Ideas - Ruby Jewellery!

July 30, 2018

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How to Find Out Your Partner's Ring Size?

How to Find Out Your Partner's Ring Size?

July 26, 2018

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Tooting Summer Street Party 2017 - Cowick Road

Tooting Summer Street Party 2017 - Cowick Road

July 24, 2017

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What is Dhanteras? Why is buying gold on the day considered auspicious?

What is Dhanteras? Why is buying gold on the day considered auspicious?

October 24, 2016

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September Birthstone - Blue Sapphire

September Birthstone - Blue Sapphire

August 31, 2016

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Benefits of wearing Sterling Silver Jewellery

Benefits of wearing Sterling Silver Jewellery

August 15, 2016

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Tooting Street Party - 24th July

Tooting Street Party - 24th July

July 26, 2016

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Minar Jewellers' Pravin Pattni featured in the Financial Times

Minar Jewellers' Pravin Pattni featured in the Financial Times

May 05, 2016

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