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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Zakah on Silver and Paper Currency

Machine translationRead the Arabic original
Question:
Is there zakah on silver?

Answer:
Yes, the Prophet (peace and blessings be upon him) said:
For silver the Zakat is one-fortieth of the lotفي الرقة ربع العشر
Sahih al-Bukhari 1454
. Silver is silver, and likewise paper currency takes the place of silver, so it follows its ruling; zakah is obligatory on it. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (058) لمعالي الشيخ صالح الفوزان بتاريخ [1435-07-16] - كبار العلماء — youtube.com (20:20)

The Arabic text is a machine transcription of the audio recording.

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