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Daily Nisaab Prices

12 October 2019 / 13 Saffar 1441
Nisáb = R6399.16
Silver = R10.45/g (R325.02/oz)
Gold = R830.33 /g (R22 427.75/oz)

Prices & Calculations include VAT

What is the meaning of Nisáb?

Nisáb is a minimum amount of wealth which makes one liable to pay Zakáh. The person who possesses an amount equal to or greater than this specified minimum wealth, which remains in his or her possession for a period of one year is considered wealthy enough to pay the Zakáh.

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SANZAF Bursary Program

South African National Zakah Fund supports the National Student Financial Aid Scheme “2020 Fully subsidised FREE higher education and training” for South Africans and encourages students to access this service in addition to the SANZAF bursary application.
Please visit www.nsfas.org.za to apply.

South African National Zakah Fund supports the National Student Financial Aid Scheme “2020 Fully subsidised FREE higher education and training” for South Africans and encourages students to access this service in addition to the SANZAF bursary application.
Please visit www.nsfas.org.za to apply.
Closing date for NSFAS is 30th November 2019.

  • The Bursary Committee will review and shortlist potential candidates.
  • Interview dates, venues and time slots will be communicated via email.
  • Interviews will be conducted and all applicants are to ensure that they are available on these dates.
  • All supporting documentation must be submitted. Failure to do so will result in disqualification.
  • Candidates will receive feedback regarding application status as per regional office.
  • Successful applicants will receive a Confirmation of Pledge letter.
  • All payments will be made directly into the account of the institution.
  • Applicants must secure their own registration fees.
  • Students will not be entitled to withdraw any funds paid by SANZAF even if the balance is in their favour.
  • The information supplied in the application form is confidential. Where necessary some information will be made available to members of SANZAF.

Please apply to the region in which you reside

East London

Region Opening Date of Bursary Applications Closing Date of Bursary Applications Contact Person Email Address Phone Number

East London

31 August 2019

31 October 2019 Dr Shamiega Chaudhari sisaacs@ufh.ac.za
eastlondon@sanzaf.org.za
043-7227453

Apply for East London Bursary Apply for NSFAS

Port Elizabeth

Region Opening Date of Bursary Applications Closing Date of Bursary Applications Contact Person Email Address Phone Number

Port Elizabeth

31 August 2019

15 October 2019 F. Lagardien fagmieda.lagardien@sanzaf.org.za 041 4571459

Apply for Port Elizabeth Bursary Apply for NSFAS

Western Cape

Region Opening Date of Bursary Applications Closing Date of Bursary Applications Contact Person Email Address Phone Number

Western Cape

01 September 2019

31 October 2019 Faeza Govind Faeza.Govind@sanzaf.org.za 021 447 0297

Apply for Western Cape Bursary Apply for NSFAS

This brief article is meant to highlight and conscientise the applicant and the applicant’s family as to who may apply and qualifies for a SANZAF Zakah Bursary. It is meant to raise moral / ethical issues in the hearts and minds of the applicant and the applicant’s family.

However, as the onus or burden of proof for eligibility to receive Zakah rests with the applicant and the applicant’s family, it is important that both the applicant and the applicant’s family read and understand the content of this document before submitting an application form. We apologise in advance if we offend anyone in the process.