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Daily Nisaab Prices

22 September 2018 / 12 Muharram 1440
Nisáb = R4886.63
Silver = R7.98/g (248.19/oz)
Gold = R637.68/g (R17 217.26/oz)
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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In keeping with the Youth and Community Development SANZAF hosted Youth Holiday Programmes at four locations in the Western Cape from the 25th to 29th June providing much needed activities and guidance to youth during the school holidays. The holiday programmes took place in Bridgetown, Retreat, Elsies river and Manenberg, an area where as of last year, only 32.7% of the 6 685 young adults (between 15 and 24) from the area have completed matric, and only 15% of people in that age group are currently attending an educational institution.

It is clear that programmes such as these are pivotal to guiding the youth towards a brighter future. Sport professionals from the likes of Ajax Cape Town and the Cape Cobras will take time to coach and provide tips to youngsters attending the Elsies River Programme. The value of those children seeing professionals who come from their own respected community and similar circumstances and have now made it as sportsmen and women cannot be understated.  With substance abuse awareness, first aid training, team building, sports and presentations from SAPS and other institutions. We ensure the attendees have an educational school holiday while staying away from the many unsavoury paths and temptations they are faced with daily.

This is only due to the grace of the Almighty and the contributions of our donors. Our commitment to making a sustainable difference in the lives of the needy has never been stronger as your trusted Zakah, Sadaqah and Lillah collection and distribution organisation. We thank you for your support.

Visit our website www.sanzaf.org.za, like us on Facebook or follow us on Twitter to keep in touch with our projects and programmes.

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