In the Name of Allah, Most Gracious, Most Merciful.
All praise and thanks are due to Allah, and peace and blessings be upon His Messenger.
In this fatwa:
All the materials and stuff that are personally used are not subject to Zakah.
In his response to your question, Prof. Dr. Monzer Kahf, Professor of Islamic Finance and Economics at Qatar Faculty of Islamic Studies, states:
The house you live in, the car for personal and family transportation, the household furniture, the appliances and the like are all exempted from Zakah and you need not count them when you estimate the due amount of Zakah.
Gold is subject to Zakah if, when added to other Zakatable assets such as savings, bank accounts, investment in share and the like, it reaches the amount of nisab which is approximately about US$ 1500.
Each person, including minors, calculates his Zakah separately and you pay the Zakah due on children and wife yourself from your own income.
Allah Almighty knows best.
Editor’s note: This fatwa is from Ask the Scholar’s archive and was originally published at an earlier date.