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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Determining the Nisab of Zakah in Paper Currency

Machine translationRead the Arabic original
Question:
May Allah reward you. This questioner asks: How do we determine the zakah on paper currency? Is it valued in gold or in silver?

Answer:
It is valued in silver, because it is a substitute for silver. It is valued in silver. Fifty-six Saudi silver riyals, which are paper, constitute the nisab. Fifty-six Saudi silver riyals, which are paper, constitute the nisab. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، محاضرات في العقيدة والدعوة-022-التوحيد أهميته وفضله|صالح الفوزان|كبار العلماء — youtube.com (1:03:11)

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

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