Is zakat due on non-local currency (dollar or the like)?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
is obligatory on money, whether in local or foreign currency, if it reaches the either by itself or when combined with other money or trade goods, and a full year has passed over it. The nisab is determined by the value equivalent to 85 grams of gold or 595 grams of silver (whichever is more beneficial for the poor). The amount is calculated in total, including its principal and profits.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/53105
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 53105
- 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