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Daily Nisaab Prices

17 January 2019 / 10 Jamad-Ul-Awwal 1440
Nisáb = R5143.80
Silver = R8.40/g (261.24/oz)
Gold = R658.58/g (R17 782.54oz)
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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The Department of Social Development has published several reports which characterise the Eastern Cape as the second province with high rates of food insecurity in the Country. Various welfare organisations and NPO`s strive to provide assistance to communities which are affected by food insecurity to help overcome this situation.

For over thirty years the Sanzaf office in Port Elizabeth has been providing groceries to its recipients on a monthly basis in an effort to eradicate food insecurity. Recipients who benefit from this initiative are from low income households therefore they struggle to support themselves and their families with sufficient groceries that can sustain them for a month period. Predominantly pensioners and recipients with health challenges benefit from this initiative. On the 4th and 5th of December 2018 the Sanzaf office in Port Elizabeth distributed 45 food parcels to recipients residing Port Elizabeth.

The food hampers will assist the recipients and their families with adequate food supply for the rest of the festive season. The Sanzaf office in Port Elizabeth supports 105 recipients with food hampers in PE and Uitenhage. The areas where recipients who benefit from this initiative come include Arcadia, Missionvale, Bloemendal and Jacksonville.

Through support from current and prospective donors the Sanzaf office in PE aims to sustain this initiative to ensure that recipients from low income households receive adequate food supply.

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