Is the zakat threshold calculated based on the selling price of gold or its buying price?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The on money is calculated according to what is most beneficial for the poor, whether gold or silver. Thus, zakat becomes obligatory when the money reaches the amount that can purchase a nisaab from either of them. What is considered is the purchase price at which a nisaab of either of the two currencies can be obtained.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/94979
Where this answer came from
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- Ftawy
- Original fatwa ID
- 94979
- Added here
- . 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