Gold

Gold is a chemical element with the symbol Au (from Latin: aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element.

133087

Gold

I have a watch made of steel but its mechanism has some parts that are gold plated or made of gold. Is it permissible to wear such a watch?

Zaid Alsalami, Shaykh Dr Zaid Alsalami is an Iraqi born scholar, raised in Australia. He obtained a BA from Al-Mustafa University, Qom, and an MA from the Islamic College in London. He also obtained a PhD from... Answered 6 months ago

Bismihi ta'ala

Yes, it would be permissible for you as a male to wear such a watch that has some small parts in its mechanism that are made of gold.

And Allah knows best.

132506

Gold . Theft

My friend apparently found a gold bar while digging in the field and he now wants me to sell it for him. I can earn a huge amount as a commission. Is this amount allowed for me because I don't know for sure whether he actually found it or stole it?

Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 6 months ago

If you have reasonable points to suggest that he might have stolen it, it will then Haraam (unlawful) for you to help him in selling it. Stolen items are absolutely Haraam to deal with in selling or buying.
Wassalam.

126477

Gold . Zakat . Sunni-Shi'a

What is the quantity of gold on which the Shia pay Zakat on?

Zakat is obligatory on golden currency which is a currency made from gold. Zakat is not obligatory on gold if it is not in the shape of currency but Khums remains obligatory on the savings of everything including gold.

Zakat is obligatory on golden currency if it's weight is fifteen Mithqal as minimum.

Every Mithqal is 4.25 grams.

Wassalam.

125415

Gold . Man . Jewellery

Why are men not permitted to wear gold jewelry?

Every forbidden in Islam is damagingly harmful. We might know little of the harm, but we believe that Allah (SWT) Knows everything and He wants to protect us from its harm.

Wassalam.

105445

Narrations . Man . Gold . Silk

Which Islamic narrations talk about man not being allowed to wear gold or silk?

We have authentic narrations in Shia and Sunni books from the Prophet Muhammad (SAWA) stating that wearing gold is not allowed for men as well as wearing pure silk. Regarding gold we have an authentic Hadeeth from Ali ibn Jafar from his brother Imam Musa ibn Jafar (AS) when he was asked: Is it allowed for man to wear gold? He replied: No, because the Prophet (SAWA) did not allow it. ( Wasaa'il al-Shia, V.4, P.415). We have also a narration from Ammar ibn Moosa from Imam Jafar Al-Sadiq (AS): man should never wear nor pray with gold. (Wasaa'il al-Shia , V4, P. 413).

In Sunni books, Tirmithi and Ibn Hanbal and many others narrated that the Prophet (SAWA) said: Silk and gold are forbidden on the men of my Ummah, permissible for their women.

That is why it is unanimous among Muslim scholars from all Muslim sects that wearing gold ands silk is forbidden for Muslim men.

Wassalam.

99748

Gold . Islam

Is gold prohibited in Islam? If so, in what ways and for what reason?

Gold is not prohibited in Islam and millions of Muslim women wear gold, but Muslim men are not allowed to wear gold. Every prohibited act in Islam is damagingly harmful. Details of harm and damage are best known to Allah (SWT).

Wassalam.

82333

Gold

While trading commodities online, such as gold, can I sell first and then buy as that is a common practice while the price is going down?

Yes. It is a matter of commitment to sell or buy.

Wassalam.

80819

Gold . Investment

Can I trade online in gold bullion where there is no physical delivery involved?

According to our leading Maraaji' of Taqleed , it is allowed to trade online in gold, oil, and other stock exchange companies as far as the company does not do unlawful business like alcohol or usury etc. Buying and selling online is allowed.

Wassalam.

56366

Ring . Man . Gold

Why is wearing a gold ring not allowed for men?

Bismihi ta'ala

There are two things specifically haram for men to wear in this dunya: Gold and pure silk (there are exemptions). These two items are adornments exclusively for women in this dunya, and for both men and women in the akhirah.

In addition to it being prohibited for men, if a male was to wear gold or silk in prayer, their prayer will be invalid.

There are certain studies that point to the physical harms of gold for men, like imbalance of blood cells, it being a negative mineral for males, and other such information, (for example see: http://jhsme.muq.ac.ir/article-1-15-fa.pdf) but ultimately the primary evidence are the ahadith mentioned on this issue.

And Allah knows best.