What is Nisab and its gold value?

04.03.23
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PostedMarch 4, 2023

UpdatedMarch 4, 2023

It is the amount that savings or capital, or product must exceed in order for the Muslim owner to be obliged to give zakat. Nisab amount is calculated based on 3 oz of pure Gold.

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الَّذِينَ يُنفِقُونَ أَمْوَالَهُم بِاللَّيْلِ وَالنَّهَارِ سِرًّا وَعَلَانِيَةً فَلَهُمْ أَجْرُهُمْ عِندَ رَبِّهِمْ وَلَا خَوْفٌ عَلَيْهِمْ وَلَا هُمْ يَحْزَنُونَ

Those who spend their wealth in charity day and night, secretly and openly—their reward is with their Lord, and there will be no fear for them, nor will they grieve.”
– The Holy Quran 2:274

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What is Nisab and its gold value?

Become a part of something more

Subscribe to Our Newsletter

Al-Iman
School

An-Noor
Quran Academy

Al-Furqan
School