The Ruling on Zakah in Paper Currency
Machine translationRead the Arabic original
Question:
If a woman has money amounting to about three thousand riyals, or perhaps less, is zakah obligatory on it in that case?
Answer:
Yes, on the three thousand and on less than that as well. Once a person reaches the nisab, zakah becomes obligatory on him if the lunar year has passed, even if the amount is small. If the lunar year has passed and he has one hundred riyals, he pays two and a half riyals in zakah; or if he has one thousand riyals, he pays twenty-five.
The point is: if the lunar year has passed and he has the nisab, zakah is obligatory on him, even if the amount is small.
The presenter: May Allah reward you with good. It seems he does not know the nisab; that is why he believes there is no zakah in the three thousand. So he asked. Could you please remind us of the nisab amounts?
The Shaykh: Yes, the nisab of silver is fifty-six silver riyals, and whatever takes its place from the known currencies, such as the dollar, the Saudi paper riyal, or dinars. Whatever takes its place is subject to zakah: fifty-six riyals, or whatever takes its place. Yes.
The presenter: May Allah reward you with good.
If a woman has money amounting to about three thousand riyals, or perhaps less, is zakah obligatory on it in that case?
Answer:
Yes, on the three thousand and on less than that as well. Once a person reaches the nisab, zakah becomes obligatory on him if the lunar year has passed, even if the amount is small. If the lunar year has passed and he has one hundred riyals, he pays two and a half riyals in zakah; or if he has one thousand riyals, he pays twenty-five.
The point is: if the lunar year has passed and he has the nisab, zakah is obligatory on him, even if the amount is small.
The presenter: May Allah reward you with good. It seems he does not know the nisab; that is why he believes there is no zakah in the three thousand. So he asked. Could you please remind us of the nisab amounts?
The Shaykh: Yes, the nisab of silver is fifty-six silver riyals, and whatever takes its place from the known currencies, such as the dollar, the Saudi paper riyal, or dinars. Whatever takes its place is subject to zakah: fifty-six riyals, or whatever takes its place. Yes.
The presenter: May Allah reward you with good.
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.