Darul Iftaa Mahmudiyyah

Which Nisaab of Zakaat to use?

· 22 Ramadan 1421 AH1 min readFatwa 1771English

Question

87.48 gms Gold and 612.36 gms Silver, converts to about 2.8125 Oz Gold and 19.6875 Oz Silver. The Gold converts to about $775 USD and the Silver $91 USD. There is a huge disparity between the Gold and Silver Nisaab, so which should be used for calculating our own Zakaat and which should be used for calculating whether a person is a worthy recipient.

Answer

If a person has gold, the value of the gold will be taken into consideration. If he has silver, the value of silver will be taken into consideration. If he has cash, then the calculation should be inthe obligation and dispensation according to the interest of the poor and needy.

And Allah Ta'ala knows best

Mufti E. Desai

Answered by
Mufti E. Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/1771
Fatawa SA: https://fatawa.co.za/fatwa/askimam-1771

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