Nisab of Zakah : adding items together in Nisab

Fatawa Question

Assalamoalaikum, If I have some gold whose value does not reach the nisab level plus some money which when added to the monetary value of gold together they still do not reach the Nisab level, is Zakah due on me. Also the Nisab level defined for gold is 85gms of gold to the best of my knowledge. Now the monetary value of this gold varies depending upon the country, the time etc. So if I have e.g. 32 grams of gold and its value is huge e.g. 40000 rupees so do I still pay Zakah on it even though this doesn’t reach the Nisab level. Regards

Fatwa

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Publication Date

2007-10-22

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-785889

American Psychological Association (APA)

Qahf, Mundhir. 2007-10-22. Nisab of Zakah : adding items together in Nisab. .
https://search.emarefa.net/detail/BIM-785889

Modern Language Association (MLA)

Qahf, Mundhir. Nisab of Zakah : adding items together in Nisab. 2007-10-22.
https://search.emarefa.net/detail/BIM-785889

American Medical Association (AMA)

Qahf, Mundhir. 2007-10-22. Nisab of Zakah : adding items together in Nisab.
https://search.emarefa.net/detail/BIM-785889