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Daily Nisaab Prices

16 July 2018 / 2 Dhil Qaida 1439
Nisáb = R5 033.60
Silver = R8.35/g (259.65/oz)
Gold = R618.38/g (R16 695.06/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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Gauteng

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Bursary 1Bursary 2Clothing 1IMG 20171122 WA0025IMG 20180305 WA0006IMG 20180305 WA0007Training 2

This May marked SANZAF’s (South African National Zakah Fund) fifth annual Adopt-a-granny Campaign. The project aims to allow school students to give back to their communities in a meaningful way. Students identify deserving elderly women in their communities and then treat them to breakfast and a winter-warmth shopping spree.

The project, which appreciates Islam’s concern for the elderly, allows students to learn about this important Islamic value through experience. It is thought that spending quality time with community elders will not only bring joy to the elders but also impact the way in which students view the elderly and their responsibility towards them and humanity as a whole.

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