How is the legal Nisab for Zakat calculated if savings are in Euros, and what is the price of 85 grams of gold in Euros or its equivalent in Saudi Riyals for conversion? Is Zakat obligatory on the remaining amount in the bank if its Zakat was paid in the previous year? Is it a condition to know the prices of gold in previous years to calculate overdue Zakat? Is Zakat obligatory on gold worn for special occasions, and is Zakat on gold paid once or every year?

We remind you of the obligation to repent from delaying Zakat after it becomes due, and the obligation to learn the rulings of worship. To calculate the nisab (minimum threshold) of gold in euros, ask gold shops for the price per gram and multiply it by 85. Zakat is obligatory on banknotes if they reach the nisab of gold (85 grams) or silver (595 grams), and one-quarter of one-tenth (2.5%) must be paid annually after the passing of a hawl (lunar year), even if the money has not yielded profit. Zakat must be paid for all previous years if it has not been paid, without deducting the due Zakat. As for Zakat on permissible jewelry for personal use, it is not obligatory according to the majority of scholars, but it is better to be cautious and pay it for previous years.