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Gold is the basis for the Zakah of cash
About Zakah Nisaab you said a min. 85gms of gold of 595gms of silver, possession for a whole lunar year. When we check the cash value of these two pure metals we found a lot of difference. For example London Bullion market shows 361 USD for one ounce of gold and 5 USD for one ounce of silver. Please guide us how to solve this problem of difference... More
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Zakah on inherited money
My mother inherited Rs.644000.Should the zakat be paid immediately or after one year. What percentage should be paids. Is it 5% or 2.5%... More
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Gold and Silver in calculating Nisab for Zakah
Do we use gold or silver in calculating nisab of Zakat? What is the NISAAB in grams. Kindly show how the figure is deduced from first principle... More
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Zakaah on Gold Jewelry
I spend my Saddaq (Mahr) which was ( 3200) on buying some pieces of gold about (300g) and to be honest when I bought the gold jewelry about three and half years ago I intended to keep the gold and to buy a house or something like that in the future. I am living in Australia in the present, so do I have to pay Zakah for these gold pieces? I have not.. More
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Adding gold and silver together for Zakah
1. If a man has silver 200 grams and gold 80 grams, neither silver nor gold reaches its minimum nisab value. Will he be obligated to pay Zakat after one year? 2. A man has silver 10 grams and gold 20 grams. If he calculates the worth of 20 grams of gold and adds this value to the worth of 10 grams of silver, it exceeds the worth of 595 grams of silver.. More
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