What was the zakat nisab for cash in Euros in France in 2001/2002?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The threshold () for circulating currency today is determined by the nisab of gold or silver. The estimation of the nisab for these currencies varies with the changing value of gold and silver. The nisab for gold is 85 grams, and the nisab for silver is 595 grams. If a person's Euro holdings reach the value of either of these two thresholds, and a full lunar year (hawl) passes while the amount remains at or above the nisab—either by itself or when combined with other money or trade goods—then zakat becomes obligatory on it, and one-quarter of one-tenth (2.5%) is to be given out.
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