FatwaFederal TerritoriesZakat
AL-KAFI #1733: ADAKAH NILAI EMAS PERLU DIGABUNGKAN DENGAN NILAI WANG KERTAS SEHINGGA MENCUKUPI NISAB YANG DIWAJIBKAN ZAKAT
Must the value of gold be combined with paper money savings to reach the zakat threshold?
Short answer
Gold and paper money fall under the same category because both serve as a medium of exchange with purchasing power.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Federal Territories Mufti Office
- Date
- Status
- Opinion (irsyad)
- Series
- Al-Kafi li al-Fatawi
- Topic
- Zakat
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
Gold and paper money fall under the same category because both serve as a medium of exchange with purchasing power. Their values are therefore combined, and if the total reaches the nisab of 85 grams of gold and a full lunar year has passed, zakat of 2.5% is due once only. If the gold is jewellery, the ruling depends on local custom: the amount exceeding the customary level is subject to zakat, while the amount within it is not combined with cash and is not zakatable.
Written in our own words from the original fatwa — check the source before acting on it.
Justeru itu, kedua-dua item (nilai emas dan duit kertas) perlu digabungkan dan sekiranya jumlahnya melebihi kadar nisab, maka wajib dikeluarkan zakat secara sekali sahaja, tidak perlu dikeluarkan secara berasingan.
Read the full fatwa on the Federal Territories website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Federal Territories Mufti Office. “AL-KAFI #1733: ADAKAH NILAI EMAS PERLU DIGABUNGKAN DENGAN NILAI WANG KERTAS SEHINGGA MENCUKUPI NISAB YANG DIWAJIBKAN ZAKAT”, 10 June 2020. https://muftiwp.gov.my/ms/artikel/al-kafi-li-al-fatawi/4534-al-kafi-1732-adakah-nilai-emas-perlu-digabungkan-dengan-nilai-wang-kertas-sehingga-mencukupi-nisab-yang-diwajibkan-zakat. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/combine-gold-value-with-cash-zakat-nisab/