Date: 27 May, 2026 / 9 Dhūl-Ḥijjah 1447
Gold Nisáb: R207,224.52
Silver Nisáb: R24,854.16
Silver: R40.59/g (R1,150.64/oz)(R973.82/oz)
Gold: R2,368.82/g (R73,678.65/oz)
Excludes VAT
What is Zakat?
Zakat (Zakaat, Zakah), or almsgiving, is one of the five pillars of Islam, making it mandatory for Muslims. For every sane adult Muslim who owns wealth over a certain amount – known as the ‘Nisab’ – he or she must pay 2.5% of that wealth as Zakat.
Muslims who are eligible to pay Zakat must do so annually, as soon as one lunar (Islamic) year has passed since the person’s wealth has reached or exceeded the Nisab. Zakat is distributed to those who meet the criteria to receive it.
What is Nisab?
The Nisab (Nisaab) is the minimum amount of wealth a Muslim must possess before they become eligible to pay Zakat. This amount is often referred to as the ‘Nisab threshold’.
Gold and silver are the two values used to calculate the Nisab threshold. Nisab is the value of 87.48 grams of gold, or 612.36 grams of silver.
