Nisab
The minimum threshold of qualifying wealth an individual must possess before Zakat is due.
Detailed Definition
Nisab is the baseline threshold established in Islamic jurisprudence to determine if a Muslim possesses sufficient surplus wealth to pay Zakat. The classical Sunnah defines the Nisab as equivalent to 7.5 tolas (87.48 grams) of gold or 52.5 tolas (612.36 grams) of silver held for a full lunar year (Hawl).
Have questions about Nisab?
Ask our zero-LLM database query engine for historical data, conversions, or impact on Pakistan markets.
Related in Islamic Finance
Bay al-Sarf
Islamic contract rules governing the simultaneous, spot exchange of currencies and precious metals.
Sukuk (Islamic Bonds)
Shariah-compliant debt instruments representing fractional ownership in tangible assets.
Ijarah (Islamic Leasing)
A Shariah-compliant leasing agreement where the bank purchases an asset and leases its usufruct to the client.