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The question

Is Zakat obligatory on a sum of one thousand dinars, and what is the Zakat nisab in Libyan Dinars?

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

The method for determining the (threshold for ) on paper currencies (dinars or dirhams) is to ascertain whether their value is equivalent to 85 grams of gold or 595 grams of silver. If a full Hijri year has passed and the value reaches either of these nisabs, then zakat becomes obligatory; otherwise, it does not.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
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Ftawy
Original fatwa ID
77419
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