Q 6: Is it permissible
to pay the Zakah on gold and silver in paper money,
as it is the case with commercial commodities? In other words, can the 2.5% of the value of gold and silver be paid in cash after a lunar year has passed?
A:
There is no harm in paying the Zakah on gold and silver in cash (Part No. 9; Page No. 260) of equal value after a lunar year passes, because they all share the same value.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.