Zakat (zakaat, zakah), or almsgiving, is one of the five pillars of Islam. This means that Zakat is mandatory for Muslims, along with the other four sacred pillars of prayer (salah), fasting (sawm), pilgrimage (Hajj) and belief in Allah and His Messenger, Prophet Muhammad (peace be upon him) (shahadah). 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.

“…and those in whose wealth there is a recognised right, for the needy and deprived” — Qur’an 70:24-5

Eligible Muslims pay Zakat once a year, and it is due as soon as one lunar (Islamic) year has passed since meeting or exceeding the Nisab (certain amount of wealth). The Zakat of every Muslim is then distributed to those who meet the criteria to receive it. At Islamic Relief, your Zakat is distributed with the utmost care to ensure that the most vulnerable, including children, those affected by war, disease and climate disasters, have access to the help that they need.

What is Nisab?

The Nisab is the minimum amount of wealth a Muslim must possess before they become liable 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. The Nisab is the value of 87.48 grams of gold or 612.36 grams of silver.

Current Nisab value (11 April 2023)

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Gold Price per gram (g)	$64.55
Gold Standard Zakat Nisab	$5,647.01
Live market value, updated at April 11, 2023 09:52 PT

Silver Price per gram (g)	$0.81
Silver Standard Zakat Nisab	$496.13
Live market value, updated at April 11, 2023 09:52 PT