An Intelligent Guide to Zakat with Dr Osman Umarji
The Thinking Muslim
00:00
The History of the Nisab
The nisab was at the time the profit of mazal salam was stipulated in terms of the amount of gold or silver and that number was it was about 85 grams right is it is the closest calculation we can come up with for gold and about 592 grams for silver today. The ratio of the value of silver relative to gold is so low that the majority of scholars don't really consider the silver nisab to be very valid anymore because the number comes out to like 400 about 400 to 500 dollars around there depending of course the fluctuation.
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