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The question

What is the zakat nisab for a gold ingot valued at 600 dinars that has been held for a full year, and for an amount of 700 Kuwaiti Dinars in US Dollars, and what is the amount of zakat due on them?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The for gold and silver was previously explained, and the mentioned money exceeds the nisab. Therefore, if a year passes over it, becomes obligatory, and the amount of zakat to be disbursed is one-quarter of one-tenth.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
77504
Imported
Translation status
Source text, unreviewed
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