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Daily Nisaab Prices

14 November 2018 / 06 Rabi-Ul-Awwal 1440
Nisáb = R4880.51
Silver = R7.97/g (247.87/oz)
Gold = R643.46/g (R17 373.35oz)
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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SANZAF is proud to announce the launch of our Budget Beaters Book nationally!

The book, comprising of budget recipes which enable both individuals and families to cook a healthy and nutritious meal for a family of four for between R20 – R40, was developed in response to the dire food situation amongst lower income families.

Food security is one of the major concerns of SANZAF and according to Statistics SA’s General Household Survey 2017, 21.3% of South Africa’s households have limited access to food and 12.1% of individuals have at some point experienced hunger.