shud v deduct zakah on precious stones lik rubies n emeralds too?if yes,then how much percent?

Scholars agree that no zakah has to be paid on diamonds, pearls, sapphires, rubies, corals, chrysolite, or any kind of precious stones unless they are used for trade.(Same is true for the Plots: Editor). There is, however, disagreement over whether women's gold or silver jewellery is exempt. Abu Hanifah and Ibn Hazm hold that zakah is compulsory on gold and silver jewellery provided they constitute a nisab. Their view is based on the report of 'Amr ibn Shu'aib from his father from his grandfather: "Two women with gold bracelets on their wrists came to the Prophet, upon whom be peace. The Prophet said: 'Do you want Allah to make you wear bracelets of fire on the Day of Judgment?' They answered: 'No.' He said: 'Then pay the zakah which is due on what you wear on your wrists.'"

In the same way, Asma' bint Yazid reported: "My aunt and I, while wearing gold bracelets, went to the Prophet, upon whom be peace. He asked: 'Did you pay their zakah?' She related that they had not. The Prophet said: 'Do you not fear that Allah will make you wear a bracelet of fire? Pay its zakah.'" Al-Haythami confirms that it was narrated by Ahmad, and its chain is good.

'Aishah narrated: "The Messenger of Allah, upon whom be peace, came to me and saw me wearing silver rings. Thereupon, he asked: 'What is this, 'Aishah?' I replied: 'I made them to adorn myself for you, O Messenger of Allah.' He said: 'Did you pay their zakah?' I said: 'No, or what Allah wishes.' Then he said: 'Their punishment in Hell is enough for you.'" This is related by Abu Dawud, ad-Daraqutni, and al-Baihaqi.

Malik, ash-Shaf'i, and Ahmad ibn Hanbal hold that there is no zakah on women's jewellery regardless of its value. Al-Baihaqi relates that Jabir ibn 'Abdullah was once asked if jewellery was subject to zakah. He replied that it was not, even if its value exceeded one thousand dinars.

Al-Baihaqi also narrates the case of Asma': "Asma' bint Abu Bakr used to adorn her daughters with gold. Although its value was around fifty thousand dinars, she did not pay zakah on it."

It is related in al-Muwatta' from 'Abdurrahman ibn al-Qasim from his father that 'Aishah used to take care of her nieces, who were orphans under her protection, and adorned them with jewellery without paying its zakah. Also in al-Muwatta' it is related that 'Abdullah ibn 'Umar used to adorn his daughters and slave girls with gold without paying zakah.

Summing up the subject, al-Khattabi concludes: "What appears in the Qur'an supports the view of those who hold that zakah is obligatory on gold and silver, and the traditions also support this. Those who did not consider it obligatory based their view on speculation and some of the traditions. However, to be on the safe side, it is better to pay." These different views deal with allowable gold or silver adornment. As for other adornments which are prohibited - that is, a woman wearing a man's adornment - their zakah should be paid. The same rule is applied to gold or silver utensils.

When one adds all Zakatable assets as one amount, one must see how much he/she owes to other people, and then subtract this amount from the total. Zakat will be paid from whatever remains after subtraction, if it reaches the value of Nisab (Zakat payable amount), at the rate of 2.5 %.

( See: Radd al-Muhtar 2/260, al-Hidaya 1/186 & others.)

Salam for you.Zakat is explained in detail in the hadits of Muhammad pbuh.I read only about zakat on gold that more than 90 grams I do not know about zakat on your precious stones such as rubies,emeralds etc.But I think it is included in the so called wealth.If you used to wear it in your everyday of life you have no obligation to pay zakat such as your own house,motor car etc.If you do not wear in your daily life and its fair value more than the value of 90 grams of gold,I think it is better you pay zakat at least 2.50% from the fair value after deducted by the value of 90 grams of gold

On the balance of your bank account,saving(demand deposit) and time deposit at the end of a year should be paid too,if it is not yet be paid its zakat when you received your income which have been put on those accounts.

Only gold and silver are liable for Zakaat. Gems stones are therefore exempt from Zakaat UNLESS one is a trader in Gem Stones than Zakaat will have to be paid on such stones like rubies etc which are meant to be RE-SOLD.

In other words they form part of your trading stock. If only for personal use and beautification than NO ZAKAAT is payable

...and Allah Knows best!

In terms of Jewllerry, it's only gold; nothing else, not even silver. You do not pay zakat for the house you live in, only for REAL ESTATE that you purchased FOR the purpose of trade (i.e., you will flip it in a few months) - you don't even pay for houses you rent out (only for the income).

Cash only if it has been not used for the last 12 lunar months.

stones not aloud it says here;'Aishah narrated: "The Messenger of Allah, upon whom be peace, came to me and saw me wearing silver rings. Thereupon, he asked: 'What is this, 'Aishah?' I replied: 'I made them to adorn myself for you, O Messenger of Allah.' He said: 'Did you pay their zakah?' I said: 'No, or what Allah wishes.' Then he said: 'Their punishment in Hell is enough for you.'" This is related by Abu Dawud, ad-Daraqutni, and al-Baihaqi.

Malik, ash-Shaf'i, and Ahmad ibn Hanbal hold that there is no zakah on women's jewellery regardless of its value. Al-Baihaqi relates that Jabir ibn 'Abdullah was once asked if jewellery was subject to zakah. He replied that it was not, even if its value exceeded one thousand dinars.

Al-Baihaqi also narrates the case of Asma': "Asma' bint Abu Bakr used to adorn her daughters with gold. Although its value was around fifty thousand dinars, she did not pay zakah on it."

It is related in al-Muwatta' from 'Abdurrahman ibn al-Qasim from his father that 'Aishah used to take care of her nieces, who were orphans under her protection, and adorned them with jewellery without paying its zakah. Also in al-Muwatta' it is related that 'Abdullah ibn 'Umar used to adorn his daughters and slave girls with gold without paying zakah.

Summing up the subject, al-Khattabi concludes: "What appears in the Qur'an supports the view of those who hold that zakah is obligatory on gold and silver, and the traditions also support this. Those who did not consider it obligatory based their view on speculation and some of the traditions. However, to be on the safe side, it is better to pay." These different views deal with allowable gold or silver adornment. As for other adornments which are prohibited - that is, a woman wearing a man's adornment - their zakah should be paid. The same rule is applied to gold or silver utensils.

When one adds all Zakatable assets as one amount, one must see how much he/she owes to other people, and then subtract this amount from the total. Zakat will be paid from whatever remains after subtraction, if it reaches the value of Nisab (Zakat payable amount), at the rate of 2.5 %.

( See: Radd al-Muhtar 2/260, al-Hidaya 1/186 & others

only gold and silver in terms of jewellery are liable for zakat

Those are your investments. They indicate idle and surplus wealth so you are required to pay 2.5% of their current market value.

i saw pigs flying over my house in yorkshire

mashallah