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Answers to Questions: 1. Zakat on Secured Currency 2. The Lands which the Islamic State Lays its Hands on To: Abu Osama (Translated)

It is also mentioned that Zakat on compulsory paper currency is obligatory because it is linked to the currency ‘Illah, and its value is evaluated with gold or silver depending on its purchase value in the market and its Zakat is calculated after the Nisab and the passing of one year. This is also clear. As for the "reliable paper currency" which has a specific cover of gold and silver according to a specific proportion which is less than the nominal value of currency as determined by the State or by the entity authorized to do so by the State. For example, assuming that one Jordanian Dinar was issued by the State to equal to one gold Dinar

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