Text copied Link copied

Al-Fatawa – home

﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

Scholar
Search mode

Zakah on savings set aside for a specific purpose and the nisab of paper money

Machine translationRead the Arabic original
The questioner:
And likewise, what about money saved to buy goals in prayer? What about money saved to buy goals in prayer? Is zakah obligatory on it? What is the ruling? And likewise, the saved money, the saved money.

The Shaykh:
If dirhams have reached the nisab or more and a lunar year has passed over them, zakah is obligatory on them for whatever purpose they are intended, whether for marriage, buying furniture, or buying a house. It does not matter to us; the important thing is that they are dirhams that reach the nisab and a lunar year has passed over them, and zakah is obligatory on them for whatever purpose they are prepared.

The questioner:
And the establishment of the nisab is from the pieces of silver in the Qur'an, and from the silence in absence.

The Shaykh:
Sixty riyals, we know it, we said sixty-six Saudi riyals of silver or its equivalent in paper. You ask the money changers how much sixty-six silver riyals are worth? If they tell you it is worth two hundred or three hundred, that is the nisab of paper money, meaning paper currency. So the measure is the silver riyal, this is the measure, or its equivalent in paper currency. And this varies according to the exchange rate at each time according to its value. Yes.
Source شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، تابع كتاب الزكاة — islamhouse.com (46:05)

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

Flag this fatwa