How do we determine the nisab for zakah in Saudi riyals?
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success, how do we determine the obligatory nisab for zakah in Saudi riyals now?
Answer:
The default is silver. The default is the Saudi riyal, which is silver, the Saudi Arabian riyal. It is fifty-six riyals in silver, which was the standard in the time of King 'Abd al-'Aziz (may Allah have mercy on him). One looks at its exchange rate in paper currency. One asks the money changers what it is worth, or asks the people of the market what fifty-six riyals are worth in paper currency. Whatever amount it reaches is the nisab for paper currency. Yes.
Honorable Shaykh, may Allah grant you success, how do we determine the obligatory nisab for zakah in Saudi riyals now?
Answer:
The default is silver. The default is the Saudi riyal, which is silver, the Saudi Arabian riyal. It is fifty-six riyals in silver, which was the standard in the time of King 'Abd al-'Aziz (may Allah have mercy on him). One looks at its exchange rate in paper currency. One asks the money changers what it is worth, or asks the people of the market what fifty-six riyals are worth in paper currency. Whatever amount it reaches is the nisab for paper currency. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [4401- 4717] كيف نقدر نصاب الزكاة بالريال السعودي؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.