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Daily Nisaab Prices

13 November 2019 / 16 Rabi-ul-Awwal 1441
Nisáb = R5837.30
Silver = R09.53/g (R296.49/oz)
Gold = R813.65 /g (R25,307.38/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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It is with immense sadness that SANZAF announces the passing of Dr Shawkat Ali Thokan on Wednesday evening, 19 June 2019.

As a deeply spiritual person with an unwavering faith in Allah (SWT) his steadfastness and selfless service to humankind contributed to his founding of SANZAF in the 1970's.

Dr Shawkat Ali Thokan played a pivotal role in the religious, educational and socio-economic progress of the Muslim community and society as a whole. He was indeed a great visionary whose legacy will forever be engrained in the fabric and history of SANZAF.

During his distinguished career, he was an ardent champion of those in need and worked tirelessly to further the advancement of the Ummah in creating unity and an environment for growth and development. He was an inspiration to both young and old and will be fondly remembered by all of those lives he has touched.

This is not just a great loss for SANZAF but for the entire Ummah.

May Allah (SWT) grant him Janatul Firdous, Ameen.