Zakat

What is Nisab in the context of Zakat?

• The maximum amount of wealth a Muslim can possess.

• The minimum amount of wealth a Muslim must possess to be required to pay Zakat.

• The percentage of wealth to be paid as Zakat.

• The total amount of Zakat collected in a year.

What is the approximate Nisab threshold for gold?

• 612.36 grams

• 40 grams

• 87.48 grams

• 653 kilograms

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What is the Nisab threshold for cattle?

• 40 sheep or goats

• 5 camels

• 30 cattle

• 653 kilograms of crops

When is Zakat typically due for most types of wealth?

• At the beginning of each calendar year.

• After a full lunar year of possessing the wealth.

• At the time of harvest.

• When a Muslim reaches adulthood.