Zakat and Nisab
Current Nisab value (09/06/2016)
Using value of silver (612.36 grams) – £225
Using value of gold (87.48 grams) – £2,592
“And be steadfast in prayer and regular in charity: And whatever good ye send forth for your souls before you, ye shall find it with Allah” (Qur’an 2:110)
Zakat is not just a fundamental pillar of Islam – it is also a revolutionary concept with the potential to ease the suffering of millions around the world.
If just the top ten richest people in the world paid zakat – a mere 2.5% of their wealth – it would amount to a staggering £7.7 billion! The power of that money in tackling poverty would be huge.
Zakat is not just a duty on those with wealth, but a right that the poor have over us – we are “those in whose wealth there is a recognised right for the needy and the poor” (Qur’an 70:24-25).
Islamic Relief uses your zakat in the most effective way possible to relieve the suffering of the world’s most vulnerable people.
Last year alone, we distributed zakat in 30 countries, funding 21 projects. We supported 526,094 people.
We provided emergency relief, such as food, clothing, winter items, hygiene kits, shelter, to over 340,000 people in countries including Syria, Iraq, Palestine, Bangladesh, Afghanistan, Pakistan, Kenya, Somalia and India.
We were able to provide food in Ramadan to 115,750 people.
We provided women and young people in Sudan with tools and equipment to start small businesses and earn a living. We also gave 100 unqualified and impoverished teachers in South Africa grants to gain teaching qualifications.
We have equipped almost 3,000 families in Somalia to withstand drought and disasters, by providing seeds and tools to grow crops which can survive in harsh weather, and livestock to breed for food and to sell.
SubhanAllah (glory be to Allah), your zakat has the power to transform people’s lives, turning them from zakat recipients into zakat givers. That’s our ultimate goal.