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The question

How is zakat calculated on a sum in euros for someone living outside the Eurozone, and is zakat due on the entire amount that has been held for a year, or on the difference between it and the nisab?

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

If the wealth reaches the threshold (), which is equivalent to 85 grams of gold or 595 grams of silver, and a full lunar year passes over it without its value dropping below the nisab, then its zakat becomes obligatory by disbursing a quarter of a tenth (2.5%) of the entire wealth. It is permissible to pay the zakat on euros in dinars or any other currency.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
106472
Imported
Translation status
Source text, unreviewed
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