Conditions for Zakah Being Obligatory
- 169,390
Minimum amount (nisab) required to pay zakat in dollars
What Is the Nisab on Paper Money?
1- The nisab for dollars or other currencies is whatever is equivalent to the value of 20 mithqals of gold or 140 mithqals of silver at the time when the zakah is owed. 2- The nisab for silver is roughly equivalent to 595 grams of silver, so the one who has wealth has to pay 2.5% or 25 out of every 1,000 that he has in currency, after one year has passed.81,153- 24,868
Paying Zakaat before its due date
- 30,511
Paying zakat on total wealth not just the amount greater than nisaab