How is Zakat paid on US dollars that have reached the Nisab and on which a full year has passed, taking into consideration the instability of the dollar's exchange rate and severe fluctuations?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the amount of dollars a person possesses reaches the value of 85 grams of pure gold or 595 grams of pure silver, and a full lunar year passes without it decreasing below the , then 2.5% of it must be given as (by dividing the amount by 40). The zakat can be given in dollars or its equivalent in the local currency at the time of giving the zakat.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/155299
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- Ftawy
- Original fatwa ID
- 155299
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- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy