The Nisab of Zakah and Its Calculation
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Question:
He says: Honorable Shaykh, may Allah grant you success, what is the amount of wealth that makes zakah obligatory, and how can I calculate that?
Answer:
If you have a large amount of wealth, pay its zakah, because it is more than the nisab. If you have a small amount, ask the money changers; ask the money changers about the exchange rate of two hundred mithqals of, about the exchange rate of one hundred and forty mithqals of silver. One hundred and forty mithqals of silver, and its equivalent in Saudi riyals of the known silver is fifty-six Saudi silver riyals. Ask them about the exchange rate of fifty-six, but most people have more than this; they have sums that do not require knowing the nisab because it is more than the nisab. Yes.
He says: Honorable Shaykh, may Allah grant you success, what is the amount of wealth that makes zakah obligatory, and how can I calculate that?
Answer:
If you have a large amount of wealth, pay its zakah, because it is more than the nisab. If you have a small amount, ask the money changers; ask the money changers about the exchange rate of two hundred mithqals of, about the exchange rate of one hundred and forty mithqals of silver. One hundred and forty mithqals of silver, and its equivalent in Saudi riyals of the known silver is fifty-six Saudi silver riyals. Ask them about the exchange rate of fifty-six, but most people have more than this; they have sums that do not require knowing the nisab because it is more than the nisab. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [615 /641] ما المقدار الذي يجب فيه الزكاة من المال؟ وكيف يمكنني حساب ذلك؟ الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.