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Daily Nisaab Prices

29 Sept 2020


Nisáb = R9 138,51
Silver = R14,92g (R464,17oz)
Gold = R1 186,31g (R36 898,39/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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Daily Nisaab

MEDIA STATEMENT
Thursday 26 March 2020

#OPERATIONCOVID19 FUND LAUNCHED BY OPERATION SA AND SANZAF

Operation SA and the South African National Zakah Fund (SANZAF) have launched an emergency fundraising drive to assist with essential food items to the vulnerable and destitute during the 21-day national lockdown.

The two NPO’s have called on South Africans to “dig deep into their pockets.”

In a joint statement, Operation SA’s Yusuf Abramjee and SANZAF’s National Executive Board member and past Chairman, Shauket Fakie said “it was time for a collective response to the emergency.”

Discussions have taken place with the Acting Gauteng Social Development MEC, Panyaza Lesufi and officials.

“For this initiative, we will be calling for non-Zakah donations from the public and sourcing the essential items from manufacturers and wholesalers. These products will be delivered directly to the central Gauteng Government warehouse in Johannesburg from where it will be packaged and distributed by the Department and distributed to the most vulnerable areas”, said Fakie.

Abramjee appealed to companies also to come forward and donate essential items. We need many, many truckloads. The need is massive”. The two organizations said they have a 100 percent donation policy.

A team of representatives from Operation SA and SANZAF will oversee the collection and distribution of the essential items in partnership with the Gauteng Social Services Department. They visited the warehouse this afternoon and said: it’s all systems go. All distribution will be done by the Social Development Department.

Fakie, former SA Auditor General, said “we will have checks and balances in place with the Gauteng Government to ensure the aid reaches those in need and that all processes are followed.” Fakie and Abramjee will oversee the team, assisted by Operation SA’s Yaseen Theba and Ibrahim Dockrat from Laudium Disaster Management and SANZAF’s Gauteng Regional Chairperson, Amina Gani and Gauteng Regional Manager, Imtiaz Jhetam. Theba will co-ordinate logistics and operations of deliveries to the warehouse.

MEC Lesufi said: “The poor deserve care and support especially during this 21 days of shutdown. We welcome this partnership.” Lesufi said the essentials required include: Maize meal, Samp, Instant soft porridge, Cooking Oil, Pilchard, Soya, Sugar, Beans, Salt and Multi-Purpose Bar Soap.

Abramjee said the #OperationCovid19 fund has kicked-off with R50 000 thanks to a donation from Laudium Disaster Management.

Multichoice has announced that it would contribute R400 000 in food supplies- “This is a critical intervention in aid of the most vulnerable” Calvo Mawela, CEO MCG.

Another such proudly South African company that has already contributed R100,000 to this cause is Profmed Medical Aid. Its CEO, Craig Comrie says, "We #BelieveInSouth Africa, her people and we are committed to contributing to our community and digging deep, while we are all exposed to this most unprecedented of circumstances. Thank you to Operation SA and SANZAF."

Fakie and Abramjee called on other NGOs and charities to feel free to join the drive and donate to the fund.

“We are all in this together. Let’s work together to make sure the aid reaches the many in need and urgently.”

Donations can be made to:
SANZAF Fordsburg
Bank: First National Bank
Branch: Fordsburg
Branch Code: 250655
Account No: 62283944463
Reference: Your Details & COVID19

Online donations can also be made on the SANZAF website at www.sanzaf.org.za.

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