- EN (English)
| Fatwa ID: | 79050 |
| Title: | How much is the nisab for Zakat now? |
| Category: | Poor-due or obligatory charity (Zakaah) |
| Scholar: | Dr. Main Khalid Al-Qudah |
| Date: | 05/31/2009 |
Question
How much is the current nisab for Zakat in US dollars?
Answer
It varies based on the price of gold.
On your Zakah due date, you need to find out the retail price of gold. Eighty-five (85) grams is the threshold, or the nisab — the limit after which Zakat must be paid. For instance, if the price of one gram of gold is $20, then the nisab is 85 x 20 = $1700.
