Zakah on gold and silver |
(Part No. 9; Page No. 252) |
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Meaning of the word "Mithqal"The second question of Fatwa no. 3485Q 2: We know that the Nisab (the minimum amount on which Zakah is due) for gold is twenty Mithqals, but what is a Mithqal?A: The minimum amount of gold on which Zakah (obligatory charity) is payable is twenty Mithqals, which equals about 11 and 3/7 Saudi pounds.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.The Permanent Committee for Scholarly Research and Ifta'