Fiat money, because of its usurious nature, has destroyed the institution of zakat 👇

"It is clear that the present world-dominating kafir economic system of banking capitalism has destroyed the pillar of zakat. This is partly because it has displaced the economic transactions into the arena of the haram by involving them inextricably in a usurious web which it is at present virtually impossible to escape. But it has done it more directly by redefining the nature of wealth and specifically by changing the nature of money in a way which prevents Muslims from paying their zakat in accordance with the conditions laid down by the shari’a"