prices
We now use the internationally recognised prices for gold and silver as provided by The London Bullion Market Association (LBMA) in our tools:
- Nisâb/Mahr Prices
- Zakâh Calculator
- Gold Value Calculator
- Historical Nisâb
Alhamdulillâh, we now have five Zakâh tools on the website. Here we have listed all 5 including the key features, what they can be used for and links to each tool.
Here are TEN good reasons why we believe adding VAT to silver market prices to work out the value of the silver is both illogical and inconsistent and, therefore, should NOT be added to the Zakâh Nisâb and Mahr prices.
This tool displays the latest figures/prices (updated daily) for Nisâb (threshold when Zakâh becomes payable) and Mahr (dower/bridal gift). Also includes an explanation of the rationale behind the figures, conversions and calculations.
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