The Obligation of Zakah on Paper Currency
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The Shaykh : The second category is that which is equivalent to gold and silver, such as paper currency. However, because paper currency has no intrinsic value, it is linked to gold or silver. Accordingly, the nisab (minimum threshold for zakah) for paper currency is the nisab of gold or silver. The nisab of gold or silver will be mentioned later, if Allah wills, in the next category.