Q: I am a student dependant to my parents. According to the nisab of silver ($400) I am supposed to pay zakaat. And I didn’t know this as I was told that nisab is $3000 (as per gold nisab). So should I pay zakaat? I had $500 saved up for about 2 years. Also I was also told that since I am not earning money and I am dependant and my parents do pay zakat, that I am not supposed to. Could you please elaborate?
A: Yes, you should pay zakaat.
They are liable to pay zakaat on their wealth and you are liable to pay zakaat on the wealth that is in your possession.
And Allah Ta’ala (الله تعالى) knows best.
Mufti Ebrahim Salejee (Isipingo Beach)