Glossary › Nisab
What is Nisab?
The minimum amount of wealth a Muslim must hold before Zakat becomes due.
Nisab is the threshold for Zakat — the value of 87.48g of gold or 612.36g of silver. If your net zakatable wealth, held for a full lunar year, exceeds the nisab, Zakat of 2.5% is due. Many scholars suggest the lower silver nisab.
Example
If the silver nisab is ₹60,000 and your net wealth is ₹9,00,000, Zakat (2.5%) is ₹22,500.