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What is Nisab?

April 1, 2020

Nisab is the minimum threshold of wealth a person must own at which Zakat becomes payable. Nisab for gold is 20 Dinar or 85 grams and the Nisab for silver is 200 dirhams or 595 grams. Most scholars prefer the lower value (silver Nisab) be used because this results in more people paying Zakat and more people getting assistance from Zakat.

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Olivia Rhye
11 Jan 2022
•
5 min read
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Do students pay zakat as well, as long as they have met the minimum Nisab threshold?

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Do I pay Zakat on a pension fund if I do not have access to it?

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Do we pay zakat on jewelry that we wear (that may be mixed with other materials that are not gold)?

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Can I give Zakat to my Uncle or Aunt?

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