If one transfers his wealth from one country to another and the currency is weak, how does he pay the zakah?
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The questioner : ... .
The Shaykh : But why did he transfer it?
The questioner : ... for trade.
The Shaykh : Well done, that means its value will increase in the country to which it is transferred.
The questioner : ... .
The Shaykh : This is if the price differs between the two transfers, from the time of transfer until it arrives, that is possible.
The questioner : If he transfers it to the other country and we value it in that other country using the weak currency, and it does not reach the nisab.
The Shaykh : No, he cannot transfer it, being a trader, without knowing that if he goes to the second place he will make a profit.
The questioner : But the currency is weak.
The Shaykh : It does not contradict the fact that the currency is weak; instead of taking one thousand in the strong currency, he takes ten thousand in the other, yes?
The Shaykh : But why did he transfer it?
The questioner : ... for trade.
The Shaykh : Well done, that means its value will increase in the country to which it is transferred.
The questioner : ... .
The Shaykh : This is if the price differs between the two transfers, from the time of transfer until it arrives, that is possible.
The questioner : If he transfers it to the other country and we value it in that other country using the weak currency, and it does not reach the nisab.
The Shaykh : No, he cannot transfer it, being a trader, without knowing that if he goes to the second place he will make a profit.
The questioner : But the currency is weak.
The Shaykh : It does not contradict the fact that the currency is weak; instead of taking one thousand in the strong currency, he takes ten thousand in the other, yes?