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Zakat on paper currency

View FatawaCategory: OtherZakat on paper currency
AvatarZoher Jumma asked 4 years ago
Assalamu Alaykum,

I heard that there is no zakat on paper currency except when it is converted to gold/ silver ..Is it true ?

During the time of Prophet Muhammad PBUH was Khums ever distributed and given to non-sayyed poor just like Zakat ?
Thank you and Jazakullah