I live in America. What is the Zakat nisab in US dollars?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The is the minimum threshold for to become obligatory. Zakat on money is obligatory on gold, silver, and what takes their place, such as banknotes. The nisab for gold is 85 grams, and for silver, it is 595 grams. Given the disparity between them, and out of caution for the poor, zakat should be paid on banknotes if their value reaches the nisab of silver after a full lunar year has passed, at a rate of 2.5% of the money.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/13746
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- Original fatwa ID
- 13746
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- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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- Read the full answer on Ftawy