Bulugh al-Maram

Takhrij:
«أخرجه البخاري، الحدود، باب قول اللهِ تَعَالٰي:﴿والسارق والسارقة فاقطعوا أيديهما﴾، حديث:6795، ومسلم، الحدود، باب حد السرقة ونصابها، حديث:1686.»©Explanation:
The aforementioned narration is not in conflict or contradiction with the previous narration regarding a quarter dinar, because in that era, a quarter dinar was equivalent to three dirhams.
The majority of scholars are of the view that both of these hadiths should be acted upon, but there is a difference regarding the manner of acting upon them.
Imam Malik, Ahmad, and Ishaq rahimahumullah say that the hand will be cut off for a quarter dinar, or three dirhams, or the equivalent value of either of the two, but not for less than that. Whereas Imam Shafi’i rahimahullah holds that the original threshold (nisab) is a quarter dinar of gold or its equivalent value.
Now, that value may be three dirhams or more or less than that.
According to us, the opinion of Imam Shafi’i rahimahullah is the preferred one.
This is supported by the fact that the Prophet sallallahu alayhi wa sallam, after mentioning the cutting of the hand for a quarter dinar, said: “Do not cut the hand for less than that...” Therefore, if the value of three dirhams is less than a quarter dinar, then in light of this statement of the Messenger sallallahu alayhi wa sallam, how can it be correct to cut the hand for that amount? It should be noted that there are two other opinions on this issue: one is that there is no threshold (nisab) at all for cutting the hand.
Just as the hand is cut off for a large amount of wealth, it should also be cut off for a small amount.
This is the apparent view of al-Zahiriyyah.
The second opinion is that the threshold (nisab) for cutting the hand is ten (10) dirhams, and the hand is not cut off for less than that.
This is the view of the Hanafis.
Both of these opinions are rejected and not valid as proof because they contradict the hadiths.
And Allah knows best.