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How is Nisaab calculated?

Answered according to Hanafi Fiqh by DarulUloomTT.net
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Assalaam Alaikum,

Q: Can you please explain how nisaab for a country is calculated?

Wa Alaikum Assalaam,

A: It is based on the price of one ounce of silver. The Nisaab for silver is 19.7 ounces. Hence, you should

find out the price of one oz. of silver and multiply it by 19.7 and you will arrive at the Nisaab.

And Allah Knows Best.

Mufti Waseem Khan.

08/07/15.

This answer was collected from DarulUloomTT.net, which is operated under the supervision of Mufti Waseem Khan from Darul Uloom Trinidad and Tobago.

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