UNDERSTANDING THE CALCULATION OF THE NISAAB OF ZAKAAH By Mufti Waseem Khan. The term nisaab refers to the maximum amount of wealth (in savings) a person should possess in order for him to give the compulsory charity, known as Zakaah. It should be understood that […]
Nisab for Zakah By Mufti Waseem Khan The term ‘Zakaah’ in Islam comes from the Arabic word ‘zakaa’ which literally means to purify, to increase, to grow and to be good. In Islamic terminology, it refers to that portion of ones’ wealth which is given […]