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Daily Nisaab Prices

07 January 2020 / 11 Jamad-Ul-Awwal 1441
Nisáb = R6270.57
Silver = R10.24/g (R318.57/oz)
Gold = R834.86 /g (R22,550.05/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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The Paledi drop-in centre was established in 2013 to provide holistic care to underprivileged children in Polokwane. The centre hosted its annual graduation this month. 

Over 80 children attend the centre on a daily basis, ranging from five to thirteen years old. Apart from receiving assistance with their homework, and a healthy meal, the children partake in various other activities to foster their development including working in the food garden, reading, and singing. 

The graduation comprised various performances by the children, including plays, theatre, poetry, and a speech contest. High achieving students were also awarded trophies and gift packs from SANZAF. The children were then treated to a hearty lunch and received party packs. The event was attended by community members as well as guests from the Department of Agriculture, Social Development, SAPS and the Department of Health. Mrs. Sebata, the centre's founder and director, hopes that events like this will help to highlight the importance of communities coming together to create safe spaces for children.

To contribute to our project visit us at sanzaf.org.za