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Daily Nisaab Prices

05 November 2018 / 25 Muharram 1440
Nisáb = R5186.69
Silver = R8.47/g (263.36/oz)
Gold = R655.75/g (R17 705.75oz)
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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Access to clean water and provision of hygienic sanitation remains a huge challenge for most residents in the Nelson Mandela Metro. As a result residents from E Ndlovini, an informal settlement located on the outskirts of Motherwell in Port Elizabeth, face daily difficulties accessing clean water for cooking, hygiene and sanitation. Provision of clean and safe water is a basic human right enshrined in our constitution. It is unfortunate that there are people who do not enjoy this fundamental right.

On 28 and 29 August 2018 the South Africa National Zakah Fund assisted residents of E Ndlovini informal settlement by distributing 170 five litre bottle of fresh still water. The purpose of this distribution is to provide a relief to the day to day hurdles residents from this location face as a result of absence of water provision in their community.

The South African National Zakah Fund recognised the predicament residents in this particular community were experiencing and ensured that each resident receives 20 litres of H2o. Other areas which benefited from this initiative were Gelvandale Ext 36 and Missionvale.

Please call 041 457 1459 to find out how you can help us #GiveHope.

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