What is the monetary threshold (nisab) that makes Zakat obligatory, and can it be calculated using international currencies instead of gold?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
"Determining the (threshold for ) using paper currencies is neither wise nor Shariah-compliant due to their fluctuating value and susceptibility to economic changes in different countries. This is because paper currencies stand in place of gold and silver, for which the Shariah has set a specific nisab. What the questioner mentioned about the rising prices of gold also applies to paper currencies. There are fatwas on the website regarding the determination of nisab for zakat in paper currencies."
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/113596
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 113596
- 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