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Daily Nisaab Prices

22 September 2018 / 12 Muharram 1440
Nisáb = R4886.63
Silver = R7.98/g (248.19/oz)
Gold = R637.68/g (R17 217.26/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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What is Early Childhood Development?

SANZAF’s ECD or Early Childhood Development tier of SEED refers to a comprehensive approach, with the active participation of their parents, educators and caregivers to fully realise a child’s rights to develop his or her full cognitive, emotional, social, educational and physical potential from a grassroots level.

South Africa still has a long way to go in improving the accessibility of education and pre-school facilities to young children. Key reasons for this are affordability, lack of proper child care schools and a shortage of resources at existing facilities. In light of this SANZAF’s ECD project serves children whose parents cannot send them to ECD centres and develops child-care facilities, educators and playschools in under resourced areas.

This year our goal is to open up an ECD centre in the community of Kwalanga in Gauteng. The area is one of the least serviced areas in the province which has led to SANZAF already developing and maintaining a development project for the children of the area.

The Kwalanga Early Childhood Development Centre project, which will be situated in Kwa Thema on the East Rand, was initiated to provide children with high-quality education and a place of safety. It is hoped that through the project, children from the area will go on to succeed in primary and high school. The ECD centre will play an important role in reducing the vicious cycle of poverty that plagues this community and will help to create prosperity for the community at large.

The Kwalanga ECD Centre forms part of a larger project, the Kwalanga Multi-purpose Community Centre that endeavours to provide educational, recreational, vocational and spiritual services to the community. The facility currently houses a recreational space for children and young adults, community hall and food garden.

Do your part by helping SANZAF #GiveHope to the children of Kwalanga.

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Join the 94.7 Cycle Challenge for this cause

Our Vision

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On 18 November 2018, cyclists will line up to ride the 22nd Telkom 94.7 Cycle Challenge. SANZAF invites you to cycle for a purpose by participating and raising funds to support Early Childhood Development in Kwa Langa, Gauteng.

Your assistance will help us fund an Early Childhood Development which will be an addition to our current development projects in Kwa Langa. The area itself is one of the most under serviced regions in Gauteng as we believe that transforming communities begins with transforming the lives of children.

The cause you will be riding for

How to Sign Up?

  1.  Register on https://events.primedia.co.za/index.php/eventSite/2018-telkom-947-cycle-challenge-2018-2018-11-18 or click on the Sign Up button at the bottom of the page and secure your registration.
  2.  On the “Join a Charity/Company Team” page, select “Join Team” then enter “SANZAF” in the “Group Name” field and click “Search”. Select SANZAF as your desired charity and continue for payment.
  3. Start Fundraising and #GiveHope with SANZAF.

Enter as a TEAM!
The Company Teams category offers opportunities to use the Telkom 947 Cycle Challenge as a wellness day, a team building adventure, a powerful source of corporate exposure, and even a way to raise funds for a charity through the Ride for a Purpose platform.
Why not approach your HR department, your boss and your colleagues to experience a fun and fierce way to get more active in a team, and eventually enjoy a powerful sense of accomplishment on a bicycle?

What you need to know:

By donating/fundraising for this cause you will receive a cycling hamper from SANZAF which includes a custom cycling kit. The number one fundraiser from all the participants in the race will receive the prestigious cycling kit from the organiser as well as coverage in cycling publications and to help you get there, SANZAF will match our highest fundraisers donation rand for rand!

If you or your team want to join our crowdfunding platform click on the button below:

Sign Up here

The South African National Zakah Fund (SANZAF) is pleased to announce the financial results of its period ended 30 April 2018/14 Shabaan 1439.

“We are eternally grateful to our donors, whose support of our projects and programmes has resulted in SANZAF collecting a total of over R133 million during the reporting period, amid a challenging economic environment,” says SANZAF National Chairperson, Shauket Fakie.

Our Zakah income for this period amounted to R96 million, compared to R111 million in the previous year which, along with our Non Zakah income, enabled us to make a significant impact on the lives of the poor and needy.

The past year has indeed been one of renewed affirmation for SANZAF, as we continue to actively fulfil our mandate to effect meaningful and sustainable change through development and relief.

“We are pleased to report that the proportional distribution of total funds collected, has increased from 91.5%, in the previous year, to 98.2%. This increased distribution is reflected in our empowerment initiatives, which give credence to SANZAF’s new brand positioning of embodying hope in all we do,” added Fakie.

It is noteworthy to mention that our expenditure on the SANZAF Education, Empowerment and Development (SEED) Programme amounted to R27.7 million, which was invested in a number of initiatives ranging from bursaries for tertiary education to development projects that have enabled beneficiaries to become self-sufficient.

The Summarised Annual Review of Activities and Audited Financial Statements for 2017/2018 (1438/1439) can be viewed on www.sanzaf.org.za/about-us/audit-reports-downloads/54-summarised-annual-review-of-activities-and-annual-financial-statements-2018/file.html and the Audited Annual Financial Statements can be viewed on www.sanzaf.org.za/about-us/audit-reports-downloads/55-audited-annual-financial-statements-2018/file.html

For more information on SANZAF projects and programmes, follow us on Twitter @SANZAFSA and Instagram @sanzaf_official, like us on Facebook or visit our website at www.sanzaf.org.za

Media enquiries: Contact Sakeena Bock or Nurene Jassiem on 083 676 3979 / 021 447 0297 or email at: communications@sanzaf.org.za

Download Full Article here pdf SANZAF 2018 Audited Annual Financial Statements Release Announcement (275 KB)