The zakah of purchased Iraqi currency
Machine translationRead the Arabic original
Question:
The questioner says: I bought Iraqi currency in 1923 for approximately 1,550 Saudi riyals, and it is still with me. What is the ruling on it? And what is its zakah?
Answer:
Its zakah is one-quarter of a tenth if its value reaches the nisab. The amount of the nisab is 850 Saudi riyals in silver, or its equivalent in paper money. So if it reaches the nisab, you pay zakah on it. But if its value falls below the nisab, there is no zakah on it. Yes.
The presenter:
May Allah reward you.
The questioner says: I bought Iraqi currency in 1923 for approximately 1,550 Saudi riyals, and it is still with me. What is the ruling on it? And what is its zakah?
Answer:
Its zakah is one-quarter of a tenth if its value reaches the nisab. The amount of the nisab is 850 Saudi riyals in silver, or its equivalent in paper money. So if it reaches the nisab, you pay zakah on it. But if its value falls below the nisab, there is no zakah on it. Yes.
The presenter:
May Allah reward you.
Source
كتاب التوحيد - 23-07-1432هـ — af.org.sa (34:14)
The Arabic text is a machine transcription of the audio recording.