Home Zakat Frequently Asked Questions 4.0 How do I know that I do have Nisab?
4.0 How do I know that I do have Nisab?
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If a person has gold equal to 20 mithqaals or 87.49 grams or silver 200 dirhaams or 613.35 grams or cash equivalent or in combination all of the above then one has to give Zakat. These amounts of gold and silver are taken from a Hadith of Prophet (PBUH).

Considering value of 613.35 gram silver is less than 87.49 grams of gold, scholars calculate the Nisab based on silver value (to benefit poor), hence if a person has approximately $270 dollars equivalent (June 30, 2009 silver value) for one lunar calendar, then the person should pay Zakat.
 

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