The Nisab of Paper Currency in Gold or Silver
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success, regarding paper currency, is its nisab (minimum threshold for zakah) assessed by gold or by silver?
Answer:
If it reaches the nisab when valued in gold, it is considered to have reached the nisab, even if it does not reach the nisab when valued in silver. Likewise, if it reaches the nisab when valued in silver but does not reach the nisab when valued in gold, it is valued in silver, because this is more beneficial for the poor.
He says: Honorable Shaykh, may Allah grant you success, regarding paper currency, is its nisab (minimum threshold for zakah) assessed by gold or by silver?
Answer:
If it reaches the nisab when valued in gold, it is considered to have reached the nisab, even if it does not reach the nisab when valued in silver. Likewise, if it reaches the nisab when valued in silver but does not reach the nisab when valued in gold, it is valued in silver, because this is more beneficial for the poor.
Source
قناة «العلامة الدكتور صالح الفوزان»، 141/50 شرح زاد المستقنع/ صالح الفوزان — youtube.com (17:05)
The Arabic text is a machine transcription of the audio recording.