Nisab On Wealth Based On Gold Or Silver
The actual yardstick in calculating the nisab is silver and not gold or both as is generally held. This misconception seems to have arisen from the equation that existed between silver and gold ( 7.5 tolas of gold = 52.5 tolas of silver ) in the times of the Prophet (sws). Regarding the second point on Nisab ( Please see : Discussion 84353 • Reply 84404 ) For comments of Ghamidi Sahab on Silver being Nisab for Zakat , please refer to the video below from 24:15 to 27:31 https://youtu.be/PcA0GPv_AQ8?t=1455