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Zakaat on Kruger Rand

Answered as per Hanafi Fiqh by Askmufti.co.za
Q: How does one calculate the zaakat on a Kruger Rand?
A: You need to ascertain the current value of the Kruger Rand and then calculate 2.5 percent of the value. That will be your zakaat. The value can be checked in local newspapers or from your local Ulema bodies. If you are unable to get the value, write back to us.

Mufti Siraj Desai

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This answer was collected from AskMufti.co.za, which is operated under the supervision of Mufti Siraj Desai of Darul-Uloom Abubakr, South Africa.

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