The nisab for the zakah of wealth in Saudi currency
Machine translationRead the Arabic original
Question:
The questioner says: We need to determine the nisab for the zakah of wealth in Saudi currency.
Answer:
The zakah on silver is two hundred Islamic dirhams, which is one hundred and forty mithqals. One hundred and forty mithqals amounts to fifty-six Saudi riyals in silver; the Saudi riyal in silver is fifty-six. Fifty-six is the value that corresponds to its worth at any given time, calculated accordingly. This is because the exchange rate of riyals for silver increases and decreases at different times. So you ask the money changers what the exchange rate of the Saudi riyal is for silver, and you calculate based on that. Yes.
The presenter:
May Allah reward you.
The questioner says: We need to determine the nisab for the zakah of wealth in Saudi currency.
Answer:
The zakah on silver is two hundred Islamic dirhams, which is one hundred and forty mithqals. One hundred and forty mithqals amounts to fifty-six Saudi riyals in silver; the Saudi riyal in silver is fifty-six. Fifty-six is the value that corresponds to its worth at any given time, calculated accordingly. This is because the exchange rate of riyals for silver increases and decreases at different times. So you ask the money changers what the exchange rate of the Saudi riyal is for silver, and you calculate based on that. Yes.
The presenter:
May Allah reward you.
Source
أخطاء في الصيام — islamhouse.com (57:54)
The Arabic text is a machine transcription of the audio recording.