Zakah on Gold and Silver and Their Minimum Thresholds
Machine translationRead the Arabic original
Question:
The questioner: I want to know exactly the zakah on gold. How many grams is it? Do I pay it every year, or is paying it once sufficient? May Allah reward you with good.
Answer:
The Shaykh: Zakah is repeated every year, and the obligatory amount is one-quarter of a tenth on both gold and silver. In a thousand, it is twenty-five; in a hundred, it is two and a half; and in a thousand, it is two and a half thousand—meaning two thousand and five hundred.
The Shaykh: In grams... the obligatory zakah is one-quarter of a tenth, whether in grams or not. But the nisab (minimum threshold) for gold in grams is ninety-two grams, in mithqals it is twenty mithqals, and in pounds it is eleven and a half pounds—Saudi pounds—eleven and a half Saudi pounds.
The Shaykh: Its amount in grams is ninety-two grams, and in mithqals, twenty mithqals.
The Shaykh: As for silver, it is one hundred and forty mithqals. Its amount in Saudi riyals is fifty-six riyals of silver. So whatever is equivalent to fifty-six riyals of silver constitutes the nisab, the first nisab. And whatever is equivalent to eleven and a half Saudi pounds of gold constitutes the nisab.
The Shaykh: And so it is with trade goods, such as vessels, clothing, carpets, or anything else intended for sale. If the average value of the sale reaches fifty-six riyals of silver, or reaches the value of eleven and a half Saudi pounds, then zakah is due on it whenever the lunar year (hawl) passes, as long as it is intended for trade, meaning trade, buying, and selling are the purpose, whether it is vessels, land, clothing, or anything else. Yes.
The presenter: May Allah reward you with good.
The questioner: I want to know exactly the zakah on gold. How many grams is it? Do I pay it every year, or is paying it once sufficient? May Allah reward you with good.
Answer:
The Shaykh: Zakah is repeated every year, and the obligatory amount is one-quarter of a tenth on both gold and silver. In a thousand, it is twenty-five; in a hundred, it is two and a half; and in a thousand, it is two and a half thousand—meaning two thousand and five hundred.
The Shaykh: In grams... the obligatory zakah is one-quarter of a tenth, whether in grams or not. But the nisab (minimum threshold) for gold in grams is ninety-two grams, in mithqals it is twenty mithqals, and in pounds it is eleven and a half pounds—Saudi pounds—eleven and a half Saudi pounds.
The Shaykh: Its amount in grams is ninety-two grams, and in mithqals, twenty mithqals.
The Shaykh: As for silver, it is one hundred and forty mithqals. Its amount in Saudi riyals is fifty-six riyals of silver. So whatever is equivalent to fifty-six riyals of silver constitutes the nisab, the first nisab. And whatever is equivalent to eleven and a half Saudi pounds of gold constitutes the nisab.
The Shaykh: And so it is with trade goods, such as vessels, clothing, carpets, or anything else intended for sale. If the average value of the sale reaches fifty-six riyals of silver, or reaches the value of eleven and a half Saudi pounds, then zakah is due on it whenever the lunar year (hawl) passes, as long as it is intended for trade, meaning trade, buying, and selling are the purpose, whether it is vessels, land, clothing, or anything else. 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.