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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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What is WAQF?

waqf icons6A Waqf is a voluntary, permanent, irrevocable dedication of a portion of one’s wealth – in cash or kind – to Allah (SWT) and is often offered as a charity.
Land and buildings have frequently been given as Waqf, and used to build schools, hospitals and mosques, amongst other functions to benefit the community. SANZAF accepts monetary donations as Waqf, investing the money by for example, purchasing property or doing renovations to a masjid to benefit society.

SANZAF Orphans Waqf
Supporting the Bait Haleema Sa’diyya Orphanage

UNICEF estimates that there are 3.7 million orphans in South Africa, about half of whom have lost one or both parents to AIDS. In addition, 150 000 children are thought to be living in child-headed households. This leaves children having to fend for themselves, their younger siblings and even sickly parents. The same children are often forced to drop out of school and earn an income by any means possible.

The SANZAF Orphans’ Waqf was established in 2009 as a sustainable resource-base to support orphans and destitute children in South Africa. The waqf forms a perpetual endowment, whose capital/earnings are designated for supporting orphans.

This year SANZAF will be supporting the Bait Haleema Sa’diyya Orphanage project in providing orphaned and destitute youth with a safe and healthy environment for living and learning. The orphanage will cater for approximately 60 children and seeks to provide high-quality facilities to these orphaned children. The orphanage will consist of 10 x 6 sleeper units, each unit will have a sleep-in care giver (house mother), thereby creating a more homely, child-friendly and development-orientated environment. The orphanage will also have a common eating and homework area, although each unit will have its own kitchenet, lounge and study area.

Make a difference in the lives of children by assisting us to support Bait Haleema Sa’diyya Orphanage in Ennerdale, Gauteng, with the sponsorship of a building.

SUPPORT SANZAF WAQF PROJECTS AND #GIVEHOPE TO THOSE IN NEED AND GAIN REWARD IN THE HEREAFTER
Contribute any amount with Niyyah of Sadaqah-Jaariyah for a loved one who has passed on.

Donate Here

Cheque Handover Details

#GiveHope Monthly via Debit Order:
pdf SANZAF Debit Order Application Form (70 KB)

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