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Daily Nisaab Prices

26 June 2019 / 22 Shawwal 1440
Nisáb = R5327.53
Silver = R8.70/g (R270.50/oz)
Gold = R747.90 /g (R20 198.90oz)
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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On 16 February 2019 the Port Elizabeth SANZAF office in conjunction with Kwantu Game Reserve provided 60 children an opportunity to enjoy a Safari experience at one of South Africa`s finest wildlife reserves Kwantu Game Reserve. The children were invited from Madressahs located in different residential areas within the Nelson Mandela Metro supported by the Port Elizabeth office. Namely the Al-imaad Madressah in Kwazakhele, the Jamat Khana Madressah based in Newbrighton, one Madressah from Motherwell and the Marikana Resource Centre. Other children were from The Youth of Ubuntu and the Universal Islamic Cultural Trust Madressahs respectively.

The visit commenced at ten o`clock in the morning and finished at two o`clock in which the children were served with refreshments on arrival, were taken for a game drive to view and learn about wildlife, enjoy the 5 star hospitality experience and visit the animal sanctuary. In the course of their visit they received a three course meal and had an opportunity to interact and take pictures of the animals.

SANZAF and Kwantu Game Reserve hosted this initiative in appreciation of Madressah children who excel in their studies and have shown commitment to their work through attendance to the Madressahs everyday of the week. This visit is one various other initiatives the SANZAF office in Port Elizabeth hosts for Madressah children to encourage and celebrate their excellence and commitment to their studies.

Call 041 457 1459 for more information

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