Daily Nisaab Prices

2 March 2019 / 05 Rajab 1440
Nisáb = R5226.30
Silver = R8.71/g (271.05/oz)
Gold = R684.42/g (R18 481.92oz)
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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‘Alone we can do so little, together we can do so much.’
Helen Keller

The Masakhane Girls Secondary School is situated in Hazelmere, Verulam, and is home to 150 girls that reside on the school premises for the entirety of their high-school career. The holistic focus of the school is to provide not only the essential needs of the learners but also provide them with a well-balanced school education that uniquely embraces both secular and religious studies.

Many of the girls who attend the school come from impoverished circumstances and struggle to escape the cycle of poverty they were born into. Most learners come from single parent families, with little or no financial resources, many of the parents’ themselves have grown up in poverty and have little hope in their future. Some families are headed by grandparents many of whom are illiterate, aged and dependent on their monthly social grants to survive. Others are foster children, orphans and in some cases abandoned by their parents. To these students, Masakhane School is the ultimate vehicle of HOPE for their futures. In an amazing symbol of charity and despite overwhelming financial woes, the Masakhane Girls School persists and does not enforce the payment of school fees.

This in addition to the poor economic climate, securing ongoing funding to meet the ideals of this bold vision is always a challenge and the school is dependent on donations and philanthropy of well-meaning individuals and organisations such as SANZAF. The SANZAF Durban office which is resolutely driven by the organisations motto of ‘Changing Lives Through Development & Relief’ and the Willowton Oil Group through its many social responsibility and community upliftment initiatives have timeously stepped-in to provide tuition fees for 55 students varying from grade 10 to matric. The amount donated which totals R1.5 million will cover the cost of secular tuition, accommodation, three meals a day, transportation, stationery, text books, uniforms and separate Madressah costs for each of the 55 learners for this year.

Mr Husein Asmal, SANZAF General Manager Durban, indicated that, “this substantial investment is an investment into the lives of our futures leaders”. He added that this investment places a responsibility on everyone involved in the school to create an environment where these learners can thrive, progress and find their place in the community. “We want to be amazed by high quality results produced at this school, indeed a merit board filled with outstanding alumnae, going forward to do great things.”

We remain humble in the service to Almighty by serving mankind, as we urge you to help us to continue Giving Hope by supporting SANZAF Projects and Programmes such as these.
For more information call 031 309 6786 or email

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