The New NISAB for zakat for one year period Ramadan 1440AH (2019) to Sha’aban 1441AH (2020) has been determine and released.
The New NISAB show slight decrease from last year’s amount which was (N 1,075,066) due to some slight weakness of the Dollar over the period. The NISAB is calculated based on the value of the Dollar and the Nigerian Naira using the Dinar.
This year’s NISAB of money, Diyyah and Rubu’u Dinar stand as follows: NISAB: N 1, 058, 616.00, DIYYAH: N 52, 930, 800.00 and Rubu’u Dinar is N 13, 233.00. For more info or support for this work pls Call or text: IBRAHIM TUDU on 08086052324