Gold and silver are among the most important assets subject to Zakat in Islam. If your gold, silver, or other qualifying wealth reaches the Nisab threshold and remains in your possession for one lunar year, you are required to pay Zakat at a rate of 2.5% of its current value. The Nisab is traditionally set at approximately 87.48 grams of gold or 612.36 grams of silver, though scholars may differ on which standard to use when calculating eligibility.
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