In this question, he asks us to provide information on the zakah of wealth and its nisab in Saudi riyals.
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The questioner : In this question, he asks us to provide information on the zakah of wealth and its nisab in Saudi riyals.
The Shaykh : Praise be to Allah, and may peace and blessings be upon our Prophet Muhammad, and upon his family, his Companions, and those who follow them with excellence until the Day of Judgment. The nisab of silver, as it came in the hadith from the Prophet (peace and blessings be upon him), is five awsuq, meaning I intend to say five awaqi.
The questioner : Yes.
The Shaykh : Five awaqi of silver, which in number is two hundred Islamic dirhams.
The questioner : Yes.
The Shaykh : I have calculated this in Saudi riyals, and it amounted to fifty-six Saudi riyals in silver.
The questioner : Yes.
The Shaykh : Accordingly, if a person possesses fifty-six Saudi riyals in silver for a full lunar year, or the equivalent in these paper currencies, then zakah becomes obligatory upon him.
The questioner : Yes.
The Shaykh : If it decreases during the lunar year, the year is interrupted. Then, if it returns to him, he starts a new lunar year with it. This is because whenever the nisab decreases during the lunar year, part of it does not build upon the other; the year is interrupted, and a new lunar year begins when he possesses the nisab a second time.
The questioner : It is as if he had nothing at all.
The Shaykh : Yes, it is as if he had never had anything before.
The questioner : Yes.
The Shaykh : Yes.
The questioner : This is with regard to silver.
The Shaykh : This is with regard to silver, and this is his question.
The questioner : Yes.
The Shaykh : As for gold, it has been calculated, and in the original standard, it is twenty mithqals, twenty mithqals of gold.
The questioner : Yes.
The Shaykh : The dinar previously equaled one mithqal or weighed one mithqal. Then it was calculated, and it amounted to eleven Saudi pounds and three-sevenths of a pound in gold.
The questioner : Yes.
The Shaykh : Yes.
The Shaykh : Praise be to Allah, and may peace and blessings be upon our Prophet Muhammad, and upon his family, his Companions, and those who follow them with excellence until the Day of Judgment. The nisab of silver, as it came in the hadith from the Prophet (peace and blessings be upon him), is five awsuq, meaning I intend to say five awaqi.
The questioner : Yes.
The Shaykh : Five awaqi of silver, which in number is two hundred Islamic dirhams.
The questioner : Yes.
The Shaykh : I have calculated this in Saudi riyals, and it amounted to fifty-six Saudi riyals in silver.
The questioner : Yes.
The Shaykh : Accordingly, if a person possesses fifty-six Saudi riyals in silver for a full lunar year, or the equivalent in these paper currencies, then zakah becomes obligatory upon him.
The questioner : Yes.
The Shaykh : If it decreases during the lunar year, the year is interrupted. Then, if it returns to him, he starts a new lunar year with it. This is because whenever the nisab decreases during the lunar year, part of it does not build upon the other; the year is interrupted, and a new lunar year begins when he possesses the nisab a second time.
The questioner : It is as if he had nothing at all.
The Shaykh : Yes, it is as if he had never had anything before.
The questioner : Yes.
The Shaykh : Yes.
The questioner : This is with regard to silver.
The Shaykh : This is with regard to silver, and this is his question.
The questioner : Yes.
The Shaykh : As for gold, it has been calculated, and in the original standard, it is twenty mithqals, twenty mithqals of gold.
The questioner : Yes.
The Shaykh : The dinar previously equaled one mithqal or weighed one mithqal. Then it was calculated, and it amounted to eleven Saudi pounds and three-sevenths of a pound in gold.
The questioner : Yes.
The Shaykh : Yes.