Zakat FAQs (3/19)
Question
What is Nisāb?
Answer
The Nisāb is a threshold. One who possesses Zakātable assets equivalent to the Nisāb amount, will be regarded as a Nisāb holder and will have to check one lunar year later if he still possesses nisab amount to pay Zakāt.
- Answered by
- Mufti Faraz al-Mahmudi
Questions about this ruling, answered only from the archive with sources.
Where scholars differ, it’s safer to take the more cautious view.
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Source: Jamiatul Ulama KZN — https://jamiat.org.za/zakat-faqs/
Fatawa SA: https://fatawa.co.za/fatwa/jamiat-16632-3
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