Calculating the Zakah due on gold and silver

A: The way to calculate the Nisab (the minimum amount on which Zakah is due) is to weigh the French silver coins that you have and if they are equal to more than one hundred and forty Mithqals (1 Mithqal = 4.68 grams), they will have reached the Nisab. You should then calculate the value of the Nisab according to the paper money used today and pay 2.5% of the value in Zakah. According to this, the amount of Zakah that is due on 1,000 francs will be 25 francs.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.