Question: What is the nisab (minimum amount) for zakat in cash?
Answer: The nisab for zakat on cash is determined based on the nisab for gold or silver. For example, the nisab for silver is 595 grams. If someone has cash equivalent to the value of 595 grams of silver and a year has passed on that amount, then 2.5% zakat must be given on it. Therefore, there is no fixed amount for zakat in cash; it varies depending on the price of gold and silver in each country and city.
Sheikh Maqbool Ahmed Salafi (may Allah preserve him) ❪Jeddah Dawah Center – Al-Salamah – Kingdom of Saudi Arabia)
This article exposes Iran's Supreme Leader Ali Khamenei's alleged disrespectful views on the Sahaba (Companions of Prophet Muhammad PBUH), drawing… Read More
Uncover the controversial and blasphemous beliefs of Iran's leader Ali Khamenei, from Wilayat al-Faqih to elevating Imams, as critiqued from… Read More
Explore Shariah rulings on Eid prayers: Eidgah necessity, women's participation at home or congregation, timing, extra Takbeers, Raf-ul-Yadain, and sermon… Read More
Explore Islamic rulings on Qada fasts for deceased persons, including scenarios for heirs to fast or pay Fidyah, based on… Read More
Discover the meaning, wisdom, rules, and details of I'tikaf based on Quran and Hadith, including where and when to observe… Read More
The Gathering (Hashr) and Resurrection (Ba'th) on the Day of Judgment "The Righteous Answers to Wise Questions" — (Part 17)… Read More