Nisaab of gold and silver
Question
Asalaamualaykum Warahmatuallahi Wabarakatuhu
Respected Mufti Sahib
A woman has a 1oz silver coin and a 0.1g gold carat bar, Is Zakaah waajib on these items?
If yes, She did not know that Zakaah has to be paid on it, and was in debt in all the years that she possessed it, is the Zakaah still waajib on it and how will she calculate it if she had it for 5 years?Jazakallah
Answer
The weight and monetary value of said precious metals do not reach the minimum requirement to make Zakat wajib.
The Nisab of gold is 87.48 grams and silver is 612.36 grams. Zakat will not be waajib for the previous years.
References (Arabic / Urdu sources)
ليس فيما دون مائتي درهم صدقة…..
ليس فيما دون عشرين مثفالا من الذهب صدقة (مختصر القدوري ٥٦ الشاملة)
- Answered by
- Mufti Omar Farouk Rangila
- Checked & approved by
- Mufti Yacoob Vally SB
Where scholars differ, it’s safer to take the more cautious view.
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Source: Darul Iftaa, Darul Uloom Miftahul Falaah — https://www.miftahulfalaah.co.za/fataawa/nisaab-of-gold-and-silver
Fatawa SA: https://fatawa.co.za/fatwa/miftahulfalaah-3297
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