Fatwa ID: 06110

Answered by: Alimah Zakiratul Hoque

Question:

If someone has gold and silver, would the gold will be valued and given according to the silver Nisab as well

In the name of Allah, the Most Gracious, the Most Merciful

Answer:

Zakaat is waajib on gold and silver (Al muhit Al Burhani, Vol 3, Pg 156). If the gold and silver do not reach the Nisaab by themselves, their value will be added together to see if they reach one of the Nisaabs, and Zakaat will be given based on that (Badai Al Sanai, Vol 2, Pg 422).

الزكاة واجبة في الذهب و الفضة … إذا بلغت الفضة مائتى درهم و الذهب عشرين مثقال

أما إذا كان له الصنفان جميعا فإن لم يكن كل واحد منهما نصابا بأن كان له عشرة مثاقيل و مائة درهم فإنه يضم أحدهما إلى آخر في حق تكميل النصاب عندنا

Only Allah knows best.

Written by Alimah Zakiratul Hoque

Checked and approved by Mufti Mohammed Tosir Miah

Darul Ifta Birmingham