Answered by Shaykh Faraz Rabbani
Walaikum assalam,
In the name of Allah, the inspirer of truth. All praise is to Allah, Most Merciful and Compassionate, and all blessings and peace to our Master Muhammad, his family, companions, and those who follow them.
It is not legally obligatory to pay zakat on the medallions, because they are considered part of the assets one needs to operate in one's line of work, rather like the tools of a carpenter or the machines in a factory (which there is no zakat on).
And Allah alone gives success.
Wassalam,
Faraz Rabbani.
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