Using the nisaab of silver when calculating zakaat

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: How to calculate the nisab of Zakaat in money? Should we take into consideration the nisab of silver or the nisab of gold? For information, in France, the price of one gram of silver was 0.63 euros in that month, and the price of gold was 40.15 euros. If one takes the nisab of silver to caluclate the nisab of goods in money, the amount is small. Would it be permissible to take into consideration the nisab of gold in this case presented? If it’s possible, what would be the amount of nisab?

Bismillaah

A: Use the nisaab of silver.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

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