Nisab

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Part of a series on the Islamic Jurisprudence – a discipline of Islamic studies

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In Sharia (Islamic Jurisprudence) nisab (نصاب) is the amount which savings or capital or product must exceed in order for the Muslim owner to be obliged to give zakat. Several hadith have formulas for calculating nisab. One of the most well known states that No Zakat is due on wealth until one year passes.

In general, nisab is considered an amount equal to the essential needs of a person or family for one year. In many modern societies, nisab is often interpreted to equate a governmentally determined poverty threshold.