Anyone who is a Muslim, adult (has reached puberty) and is sane, is expected to give Zakat if they have the minimum amount of wealth, which is known as the Nisab. The Nisab was set by the Prophet Muhammad (peace be upon him) at a rate equivalent to 87.48 grams of gold and 612.36 grams of silver.

If you’re not up to date on your gold and silver values then don’t worry, this simply means about £3,664.54 (gold Nisab) and £286.34 (silver Nisab) as of February 2020 respectively. Check out our Nisab Rate page which is regularly updated with the latest amounts.

 

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