Pre-amble: Although fulus (small change, anything smaller than the smallest silver coin) could be anything, even a piece of paper, paper with a printed value should never be used as a value bearing unit, as modern paper money in itself was likened to nothing but fulus in the fatwa by Shaykh A’lish. Shaykh Alish says in his Fatwa regarding PAPER MONEY and its use in monetary transactions and Zakat: “Praise belongs to Allah and...

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