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Daily Nisaab Prices

21 May 2019 / 15 Ramadaan 1440
Nisáb = R4714.99
Silver = R7.70/g (R239.49/oz)
Gold = R683.27/g (R21 252.00oz)
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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As the festive season unfolds, dress codes and diets are bound to change in accordance with the celebrations that are always associated with the summer seasons. Unfortunately those who are less fortunate do not enjoy this privilege. The Sanzaf office in Port Elizabeth made a generous donation to the Tharros Child & Youth Care Centre on 14 December 2018. The Tharros Care Centre is a NPO dedicated to providing care and child development services to abandoned and destitute children between one and 12 years of age. This organisation is based in Hanky and has been providing a conducive environment for childhood development to underprivileged children for two years.

Theresa Sampson who is the founder of the Child Care Centre contact the Sanzaf office in Port Elizabeth for assistance towards clothing and food for the children residing in the Child Care Centre. On 14 December 2018 the Sanzaf office delivered clothes, bedding material and food parcels at the Care Centre. The items donated by Sanzaf will ensure that the Children who are living under the Care of the Tharros Centre are well fed and clothed while they remain in an environment that is conducive for childhood development.

This donation is part of various other initiatives the Sanzaf Office in Port Elizabeth conducts contributing towards the advancement of childhood development.IMG 20181214 100313IMG 20181214 100315IMG 20181214 101052