What is the nisab (minimum threshold for zakah) of the obligatory zakah?
Machine translationRead the Arabic original
The questioner : The nisab of zakah, so the nisab of wealth in zakah, is there a nisab for wealth?
The Shaykh : Of course, there is this...
The questioner : The amount of gold.
The Shaykh : Yes, this is calculated based on gold, for example, the ten gold dinars that I have in mind right now, Georgian or Saudi gold dinars.
The questioner: Yes.
The Shaykh : This is the nisab.
The questioner : Ten dinars.
The Shaykh : Therefore, whenever a lunar year passes over this nisab, which is equivalent to ten gold dinars in Iraqi or Jordanian dinars, that is the nisab.
The questioner : Approximately how much does the dinar weigh?
The Shaykh : This varies, may Allah reward you. I say, what I have in mind is the current gold currency, which is ten.
The questioner: Yes.
The Shaykh : Ten gold dinars. I do not remember exactly how many mithqals it is right now. The important thing is not the mithqal, but rather, from a practical standpoint, the value of this gold dinar. It rises and falls relative to paper currency.
The questioner : Yes, correct.
The Shaykh: Is it clear?
The questioner : Is that clear?
The Shaykh : Therefore, everyone who has paper currency should ask whether it has reached the nisab or not. They should ask what the ten gold dinars are worth. For example, if they are worth ten thousand dinars or Iraqi dinars, then that is the nisab. The price of the ten may become fifteen thousand, or it may be more or less, as you know.
The questioner: Correct.
The Shaykh : And you have been afflicted by this calamity.
The questioner: Yes.
The Shaykh : And others have shared in it with you.
The questioner : May Allah reward you with good, Shaykh.
The Shaykh : And beware of that.
The questioner : He sends you his greetings. Young Iraqi brothers, Iraqi brothers, they send you many greetings.
The Shaykh : Peace and mercy of Allah and His blessings be upon you and them.
The Shaykh : Of course, there is this...
The questioner : The amount of gold.
The Shaykh : Yes, this is calculated based on gold, for example, the ten gold dinars that I have in mind right now, Georgian or Saudi gold dinars.
The questioner: Yes.
The Shaykh : This is the nisab.
The questioner : Ten dinars.
The Shaykh : Therefore, whenever a lunar year passes over this nisab, which is equivalent to ten gold dinars in Iraqi or Jordanian dinars, that is the nisab.
The questioner : Approximately how much does the dinar weigh?
The Shaykh : This varies, may Allah reward you. I say, what I have in mind is the current gold currency, which is ten.
The questioner: Yes.
The Shaykh : Ten gold dinars. I do not remember exactly how many mithqals it is right now. The important thing is not the mithqal, but rather, from a practical standpoint, the value of this gold dinar. It rises and falls relative to paper currency.
The questioner : Yes, correct.
The Shaykh: Is it clear?
The questioner : Is that clear?
The Shaykh : Therefore, everyone who has paper currency should ask whether it has reached the nisab or not. They should ask what the ten gold dinars are worth. For example, if they are worth ten thousand dinars or Iraqi dinars, then that is the nisab. The price of the ten may become fifteen thousand, or it may be more or less, as you know.
The questioner: Correct.
The Shaykh : And you have been afflicted by this calamity.
The questioner: Yes.
The Shaykh : And others have shared in it with you.
The questioner : May Allah reward you with good, Shaykh.
The Shaykh : And beware of that.
The questioner : He sends you his greetings. Young Iraqi brothers, Iraqi brothers, they send you many greetings.
The Shaykh : Peace and mercy of Allah and His blessings be upon you and them.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.