Dr. Monzer Kahf, a prominent economist and counselor states: “If the amount of gold saved, for any purpose including marriage and future needs, reaches Nisab and we have it also after a span of 354 days (a lunar year) it becomes subject to Zakah. Nowadays, we use paper money and bank accounts for saving and rarely we keep gold or silver, if one keeps gold or silver, we apply the weight as mentioned in the Hadith regardless of its value. But if we have to make analogy and apply some standard to paper and bank account money we do not use the value of silver but rather the value of gold because the value of silver is low to an extent that void the purpose of Nisab as a yardstick for Zakatability. Hence, a family that owns money for example in the value of 85 grams of gold and this money stays for a year not used by family’s expenses is not a poor family that deserves Zakah, is it?!”