Zakah on gold and silver paid in cash
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.
Paying less than the...
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