Determining the Nisab of Zakah by Silver or Gold
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. Some people insist on paying zakah based on the silver nisab, and calculating it by comparing silver to gold, claiming that this is the definitive position, that it is a matter of scholarly consensus, and that it is in the interest of the poor.
Answer:
This applies if the wealth is small; if it is small, it is equivalent to fifty-six riyals in silver. But if the wealth is large—billions or millions—there is no need to calculate it that way. Just pay the zakah, which is one-quarter of a tenth, and that is it. This is in addition to the nisab. Yes.
Honorable Shaykh, may Allah grant you success. Some people insist on paying zakah based on the silver nisab, and calculating it by comparing silver to gold, claiming that this is the definitive position, that it is a matter of scholarly consensus, and that it is in the interest of the poor.
Answer:
This applies if the wealth is small; if it is small, it is equivalent to fifty-six riyals in silver. But if the wealth is large—billions or millions—there is no need to calculate it that way. Just pay the zakah, which is one-quarter of a tenth, and that is it. This is in addition to the nisab. Yes.
Source
منظومة الإحسائي على مقدمة أبي زيد القيرواني 24-03-1434هـ — alfawzan.live (1:15:17)
The Arabic text is a machine transcription of the audio recording.