Can I Follow the Zakatable Minimum (Nisab) of Gold to Pay My Zakat?
Hanafi Fiqh
Answered by Ustadh Tabraze Azam
Question: Assalam ‘aleykum,
1) Which nisab should I use for my Zakat? On (e-nisab.com) there are 3 nisab values: Gold, Silver, and Hanafi. Can I follow the zakatable minimum of gold?
2) I haven’t paid attention to nisab and how much wealth I possessed for the past few years. How should I go about calculating how much I owe in Zakat?
Answer: Wa alaikum assalam wa rahmatullahi wa barakatuh,
I pray that you are in the best of health and faith, insha’Allah.
(1) Yes, you can follow the zakatable minimum (nisab) of gold.
(2) You should make a reasonable judgement and then act accordingly.
Please also see: Zakat: How to Calculate & Whom to Give and: Is Your Zakat Due? – A Reader and Resources on Giving Zakat
You can make a Zakat eligible donation here.
Your zakat eligible donation will support deserving scholars and students — through scholarships and emergency assistance.
And Allah alone gives success.
wassalam,
Tabraze Azam
Checked & Approved by Shaykh Faraz Rabbani