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?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
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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- 106472
- Imported
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