Zakaat on currency
Question
I realised that I had 100 riyals in my possession for the past 2 years which I did not include in my zakaat calculation. How much zakaat must I pay for it?
Answer
You should immediately discharge the zakaat of the 100 riyaals for the previous two years (i.e. 2.5% of 100 riyaals or its equivalent value in another currency).
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Zakaria Makada
- Checked & approved by
- Mufti Ebrahim Salejee (Isipingo Beach)
Where scholars differ, it’s safer to take the more cautious view.
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/11469
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-11469
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