Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answer updated 3 years ago
Zakat is obligatory on golden currency which is a currency made from gold. Zakat is not obligatory on gold if it is not in the shape of currency but Khums remains obligatory on the savings of everything including gold.
Zakat is obligatory on golden currency if it's weight is fifteen Mithqal as minimum.
Every Mithqal is 4.25 grams.
Wassalam.