How much is the Nisab for Zakat this year 2017CE/1438H?
HikmahWay Institute2017-08-31T01:33:45+00:00How much is the Nisab for Zakat this year 2017 CE/1438 H By: Sheikh Aslam Abuismaeel facebook.com/ShAslamAbuismaeel How much is the Nisab for Zakat this year? In the time of the Prophet Muhammed (s.a.w) Gold Dinar and Silver Durham were the currency of the people so he set 20 Dinar (85g of Gold) and 200 Dirham (about 595g of silver) as their Nisab. Since today we have a different currency that is neither gold or silver, the Nisab of today's currency will be the equivalent value of the Nisab of Gold or Silver in our currency. The currency equivalent of the [...]