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.
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.
Gold Nisab: R131,867.40
Silver Nisab: R11,004.601
Silver: R17.97/g (R509.46/oz)
Gold: R1,507.40/g (R46,885.43/oz)
Excludes VAT
[Updated 19 November 2024 / 17 Jumādá al-ūlá 1446]
Zakat is not just a fundamental pillar of Islam. It is also a revolutionary concept with the potential to ease the suffering of millions around the world.
If the ten richest people in the world paid Zakat – that would be a staggering R157 billion! The power of that money in tackling poverty would be huge.
As Allah SWT tells us in the Holy Qur’an:
“And be steadfast in prayer and regular in charity: And whatever good ye send forth for your souls before you, ye shall find it with Allah.”
[Qur’an 2:110]
Zakat is a right that the poor have over us:
“Those in whose wealth there is a recognised right for the needy and the poor”
[Qur’an 70:24-25]
Zakat ul Fitr is a charitable donation of food that is given before Eid prayer, therefore it must be given before the end of Ramadan. Fitrana must be given by every self-supporting Muslim who has food in excess of their needs, on behalf of themselves and their dependants.
Your Zakat donation should amount to 2.5% of your total Zakatable wealth. Therefore, if your total assets (after any debts owed) amounted to R10,000, you would pay R250.
Use our free and easy Zakat Calculator to calculate how much you owe.
Your Zakat has funded some of our lifesaving work in war-torn and disaster-impacted communities across the world – nourishing hungry families, sheltering displaced communities, enabling people to rebuild their livelihoods, and improving the lives of orphans and vulnerable families across the globe.
At Islamic Relief, we spend your Zakat on the poor and needy in the most effective ways possible. As administrators of Zakat, we take a proportion of your donation (up to a maximum of 12.5%) to cover the administrative costs of distributing aid (e.g. the cost of petrol to transport the aid to a remote community).
For every year that you owe Zakat, take 2.5% from the total wealth you had at the end of that year and pay that in Zakat. If you are not sure how much wealth you had, you must estimate it to the best of your ability (e.g. It is now Ramadan 2025. You have not paid Zakat for the last 5 years. You need to work out how much wealth you owned every Ramadan for the last 5 years, and pay 2.5% of that).
You must pay Zakat with the intention of paying it. It is important that you make an intention to give a donation as a Zakat payment.
Zakat is to be paid on the total savings regardless of what was paid on it in the past. Therefore, you would pay 2.5% of R10,000 (i.e. R250).
The majority of the scholars from the past favoured the opinion that it should be paid. This is the same for both the child and the insane person. Therefore, their guardian should take the Zakat from the person’s wealth and pay it on their behalf. However, some opinions suggest that it is not due on children and insane people, so please discuss with a scholar.
The best way for you to do this would be to take the jewellery to a jeweller and ask them to value just the gold and silver parts of the jewellery. The valuations they give will be the total on which you have to pay Zakat. Precious stones are not liable for Zakat.
Yes, as it is as if s/he is just storing your money.
If the money is paid back, then it is liable for Zakat (provided the lender meet other criteria for paying Zakat). However, if the money is not paid back, then the intention for lending would need to be reviewed. If the lender was fairly sure that s/he was not going to get it back and s/he is unable to refer it to a judiciary, then in such cases Zakat is usually not payable. However, there are many variables and hence this question should be referred to a scholar.
The general answer would be yes, however we would strongly urge you to consult a scholar about this.
For the time that you were renting the house out and did not have the intention of selling, you do not pay Zakat on the house. But you would still have to pay Zakat on the rent you earned just like any other wealth you have. You must pay Zakat after one lunar year from the day you made the intention to sell the house. You must also pay zakat on the selling price of the house. However, if you are paying in advance, you would need to estimate this. You would need to do the same for every year after that, in which the house is still for sale. But to be absolutely clear, please discuss this with a scholar.
Every year at the time of paying Zakat, you would need to calculate the total selling price for all the goods for sale in your shop. You would add this to your other wealth when calculating your total payment.
Please note that for any specific queries, it is advisable to contact your local imam.