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What is Nisab?

Nisab is the minimum threshold of wealth a person must own at which Zakat becomes payable. Nisab for gold is 20 Dinar or 85 grams and the Nisab for silver is 200 dirhams or 595 grams. Most scholars prefer the lower value (silver Nisab) be used because this results in more people paying Zakat and more people getting assistance from Zakat.

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