How to calculate zakat on gold with different way
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The nisab, it is how you will know if you are required to pay zakat for what you have,ulamaa said it is better to calcuate nisab in silver and nisab of silver equal 595 gram (as they said it is better to chose the lowst of the tow nisab and currently the silver nisab it is lower than gold nisab),and if you want to calculat nisab by using gold nisab you can do that and gold nisab it is. 80p per gram, £9.34 per tola/ bori. There are many investment options in pakistan but people are always confused between investing in real estate or stocks and investing in real estate or mutual funds.
The nisab is the minimum amount of wealth a muslim must possess before they become eligible to pay zakat.
Remember that charity in islam (zakat) is not just one of the core pillars of islam, but a tool to help ease poverty, suffering and hardship throughout the globe. *the nisab amount listed is based on the latest available report to us (note: 2.5% of 10 grams) of gold as zakat. The zakat calculator considers your comprehensive net assets (total wealth).
