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[Islam-Online-OnlineFatwa] (567 words) |
 | The nisab that is estimated by gold is valued at 20 mithqaal (measures of gold). |
| The nisab that is estimated by silver is valued at 200 dirham. |
| The silver nisab is very small and should not be considered because the one who possesses 50 riyal is not considered wealthy. |
| Zakat-I (3557 words) |
| Nisab is the amount of wealth remaining after meeting all expenses for such vital necessities as food, clothes, housing, and a mount. |
| If, according to the place or the general standard of living of the people in a particular place, one has banknotes, merchandise, or other kinds of increasing income or capital whose value is equal to any of the standard values given, he or she must pay zakat. |
| The nisab for gold is 20 dinars (approximately 90 grams) and for silver is 200 dirhams (approximately 600 grams), both being owned for one year. |
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