Q: My question is about nisaab of zakaat on cash only.
I do not have any thing like gold or silver but just some cash. Please tell me on how much cash will I be liable to pay zakat. Will the nisaab of gold apply as cash is an alternate to gold in banks?
And Allah Ta’ala (الله تعالى) knows best.
Mufti Zakaria Makada
Checked & Approved:
Mufti Ebrahim Salejee (Isipingo Beach)