and Abū Hanīfah. As for any amount exceeding five wasqs, all agree that zakat is due on it.

Section

“The zakat threshold for silver” is two hundred dirhams, according to this hadith, which states:

“Five ūqiyyahs of silver.”

There is consensus on this. The hadith of Anas in the two Sahīh collections also states:

“On silver, one quarter of a tenth is due.”

As for “the zakat threshold for gold,” Mālik said in al-Muwatta’: “The established Sunnah, concerning which there is no disagreement among us, is that zakat is obligatory on twenty dinars, just as it is obligatory on two hundred dirhams.”

Thus Mālik reported the consensus of the people of Medina. No disagreement has been reported except from al-Hasan, who said: “Nothing is due on gold until it reaches forty mithqāls.” Ibn al-Mundhir transmitted this. As for the hadith related on this matter, it is weak.

If an amount below twenty dinars is worth less than two hundred dirhams, there is consensus that no zakat is due on it. If it is less than twenty dinars but is worth two hundred dirhams, some scholars of the early generations held that zakat is due on it.

The Quran and hadith establish that zakat is obligatory on gold, just as it is on silver. Allah Most High says:

“And those who hoard gold and silver and do not spend it in