considered a hoard. A hoard is any property amassed in one place, whether it is buried underground or kept above ground.

Zakat becomes obligatory on gold when it reaches twenty mithqals (the gold-dinar weight) and on silver when it reaches two hundred Islamic dirhams, at the rate of one quarter of one tenth (2.5 %), whether the metal is minted or unminted. This is supported by the hadith narrated by Ibn ʿUmar from ʿAʾishah—may Allah be pleased with her—traced back to the Prophet: “He used to take from every twenty mithqals one dinar,” recorded by Ibn Majah; and by the hadith narrated by Anas—may Allah be pleased with him—traced back to the Prophet: “On ar-riqqah (pure silver) one quarter of one tenth is due,” agreed upon.

Ar-riqqah, pronounced with a kasrah on the rāʾ and a light qāf, denotes pure silver, whether minted or not.

The mithqal was originally a measure of weight. The jurists state: “Its weight is seventy-two grains of full, evenly sized barley.”

The nisab (minimum zakatable threshold) for gold in Saudi guineas is eleven guineas and three-sevenths of a guinea, and the nisab for silver in the Saudi riyal is fifty-six riyals—or the equivalent value in the paper currency in use today.

When either gold or silver reaches its prescribed nisab or more, one quarter of one tenth (2.5 %) is paid as zakat.