Is the zakat threshold calculated based on the selling price of gold or its buying price?
Source: FtawySummarized from the full answer at Ftawy · imported 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.
Summarized from the full answer at Ftawy · imported
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