Frequently Asked Questions

This can depend on the nature and use of the diamonds, the customer's circumstances and the religious guidance they follow. Gold Factory's Zakat tools are informational and are not a substitute for a personal ruling from a qualified religious adviser.

General formal valuations are charged because they can require detailed examination, photographs and documentation.

No. A valuation is for the stated purpose and date and is not a guarantee of a future cash-buying or resale price.

Gold Factory provides a Zakat calculator or guidance facility on www.goldfactory.co.uk where available.

Yes, for a fee.

Yes. Gold Factory provides valuations including insurance, probate, replacement and other agreed valuation work.

Yes, for a fee.

Yes, for a fee.

Yes. A basic Zakat valuation is free. If the customer requires a certificate, the charge is £5.

No. The Zakat Calculator is an informational tool. Personal rulings can differ according to circumstances and school of thought, so a qualified religious adviser should be consulted if you need a personal ruling.

It can help a customer consider declared qualifying wealth such as cash, bank balances, gold, silver and other assets. The customer is responsible for entering the correct figures and deciding which assets should be included under the religious guidance they follow.

No. Gold Factory can provide valuations and an informational calculator. A personal religious ruling should be obtained from a suitably qualified religious adviser.

Yes. Gold Factory provides Zakat valuations for suitable jewellery and precious-metal items.

Yes. The calculator can include declared qualifying wealth such as cash, bank balances, gold, silver and other relevant assets entered by you.

No. The calculator provides information and calculations based on the figures entered. Whether a particular asset is included can depend on the religious guidance you follow.

The current charge for a Zakat valuation certificate is £5.

Yes. A basic Zakat valuation is free.