FAQ’S Pertaining To Zakaat (3/20)
Question
What is Nisaab?
Answer
The Nisaab value is a threshold. One who possesses Zakātable assets equivalent to the Nisaab amount, will be regarded as a Nisaab holder and will have to check one lunar year later if he still possesses Nisaab amount to pay Zakaat.
Where scholars differ, it’s safer to take the more cautious view.
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Source: Jamiatul Ulama KZN — https://jamiat.org.za/faqs-pertaining-to-zakaat-2/
Fatawa SA: https://fatawa.co.za/fatwa/jamiat-28858-3