Giving Zakah

Poor-due [Zakāh]: One of the important principles of Islam is that everythingall things belongs to God and that wealth is only held in trust by human beings. Zakāh purifies wealth by setting aside a portion for those in need. This payment is usually 2.5% of one’s capital every year, provided it reaches the nisāb [the minimum amount of wealth on which Zakāh is due. The nisāb by the gold standard is 3 ounces of gold (87.48 grammes) or its cash equivalent. This is approximately £2,254 (2015) but will vary with the current market value of gold. The nisab by the silver standard is 21 ounces of silver (612.36 grammes) or its equivalent in cash. This is approximately £193 (2015)