Elementor #1381


Gold Nisab: 20 Deenār = 87.48 g and Silver Nisab: 200 darahim = 612.36 g

The calculation is based on 612.36 g of silver

The value of gold and silver are updated on April 21, 2020


The date Zakāt is due annually is determined by:

  1. The date on which Zakātable assets reach the Nisāb (minimum amount) for the first time, and thereafter Zakāt is payable one Islamic lunar year after that date so long as:

    a ) total Zakātable assets are of Nisāb value after the year has passed, and

    b ) some wealth remained throughout the course of the preceding year (i.e. the individual’s wealth did not diminish completely ($0) at any point throughout the course of the year).

  2. Thereafter, the Zakāt date remains constant every year provided conditions (a) and (b) are met.

The rate of Zakāt was fixed at 2.5% (1/40, i.e. 2.5 cents per dollar) by Rasūl-Allāh Alayhi wasallam (Abu Dawood by Ali R.A.)

If one has only gold assets, the Nisāb for gold must be used. Similarly, if one has only silver assets, he/she has to use the Nisāb for silver. If one has other than these or different types of Zakātable assets, such as cash, merchandise, or gold and silver mixed, he/she must use the lesser of the two Nisāb values (i.e. silver). This is more beneficial for the poor and more cautious for the wealthy. The current market price of gold and silver must be used to calculate the Nisāb.


Gold Nisab: 20 Deenār = 87.48 g and Silver Nisab: 200 darahim = 612.36 g

The calculation is based on 612.36 g of silver

The value of gold and silver are updated on April 21, 2020


The date Zakāt is due annually is determined by:

  1. The date on which Zakātable assets reach the Nisāb (minimum amount) for the first time, and thereafter Zakāt is payable one Islamic lunar year after that date so long as:

    a ) total Zakātable assets are of Nisāb value after the year has passed, and

    b ) some wealth remained throughout the course of the preceding year (i.e. the individual’s wealth did not diminish completely ($0) at any point throughout the course of the year).

  2. Thereafter, the Zakāt date remains constant every year provided conditions (a) and (b) are met.

The rate of Zakāt was fixed at 2.5% (1/40, i.e. 2.5 cents per dollar) by Rasūl-Allāh Alayhi wasallam (Abu Dawood by Ali R.A.)

If one has only gold assets, the Nisāb for gold must be used. Similarly, if one has only silver assets, he/she has to use the Nisāb for silver. If one has other than these or different types of Zakātable assets, such as cash, merchandise, or gold and silver mixed, he/she must use the lesser of the two Nisāb values (i.e. silver). This is more beneficial for the poor and more cautious for the wealthy. The current market price of gold and silver must be used to calculate the Nisāb.


Gold Nisab: 20 Deenār = 87.48 g and Silver Nisab: 200 darahim = 612.36 g

The calculation is based on 612.36 g of silver

The value of gold and silver are updated on April 21, 2020


The date Zakāt is due annually is determined by:

  1. The date on which Zakātable assets reach the Nisāb (minimum amount) for the first time, and thereafter Zakāt is payable one Islamic lunar year after that date so long as:

    a ) total Zakātable assets are of Nisāb value after the year has passed, and

    b ) some wealth remained throughout the course of the preceding year (i.e. the individual’s wealth did not diminish completely ($0) at any point throughout the course of the year).

  2. Thereafter, the Zakāt date remains constant every year provided conditions (a) and (b) are met.

The rate of Zakāt was fixed at 2.5% (1/40, i.e. 2.5 cents per dollar) by Rasūl-Allāh Alayhi wasallam (Abu Dawood by Ali R.A.)

If one has only gold assets, the Nisāb for gold must be used. Similarly, if one has only silver assets, he/she has to use the Nisāb for silver. If one has other than these or different types of Zakātable assets, such as cash, merchandise, or gold and silver mixed, he/she must use the lesser of the two Nisāb values (i.e. silver). This is more beneficial for the poor and more cautious for the wealthy. The current market price of gold and silver must be used to calculate the Nisāb.