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النهار أونلاين
Zakat figures for new Islamic year
The Ministry of Religious Affairs and Endowments announced the Nisab (minimum amount liable for Zakat) for the lunar year 1447 AH, which is estimated at 2,295,000 dinars. This amount is equivalent to 85 grams of 18-carat gold, priced at 27,000 DZD per gram. It is required to pay a quarter of the Zakat (2.5%) from the wealth or commercial goods that have reached the Nisab and for a full lunar year to pass over them. Zakat is collected through postal accounts or mosque boxes to ensure it reaches the beneficiaries in accordance with Sharia law.
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