Zakah on gold and silver paid in cash


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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.




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