A common question asked every year specially during Ramadan is, what is the threshold (Nisab) of Zakat Al-Maal, the amount for Zakat Al-Fitr and how is it translated into a monetary amount?
The Australian National Imams Council has determined the threshold (Nisab) of Zakat Al-Maal is 85 (Eighty-Five) GRAMS of 24 Karat Gold obtained from the listed price on the stock market.
Gold Price as from the 27th of May 2017, 24 Karate, Per 1 Gram is $54.70 AUD. (85 Grams X $54.70 = $4,649.5 AUD)
Therefore the threshold (Nisab) of Zakat Al-Maal will be $4,649.5 AUD.
As for Zakat Al-Fitr it will be set at $12 per person for this year 1438H -2017.
The Australian National Imams Council also recommends all Muslims to give their charities to registered and reputable organisations.
Earlier last month the Mufti of Australia in consultation with ANIC declared Saturday 27 May as the first day of Ramadan for fasting in an unprecedented move two days in advance.
In a statement ANIC declared:
Following extensive consultations with nation-wide Islamic leaders in Australia and their representatives, the Grand Mufti of Australia, Dr Ibrahim Abu Mohammed and the Australian National Imams Council wish to make the following statements regarding the Muslim community:
The beginning of the Holy Month of Ramadan for this year, 1438H – 2017, will begin on Saturday 27th of May 2017.
The Grand Mufti of Australia, Dr Ibrahim Abu Mohammed and the respected Imams of the Australian National Imams Council, acknowledge the different opinions amongst the scholars on this topic and call upon all Muslims to respect this disagreement by avoiding debates that lead to disagreements and misunderstanding amongst the Muslims and to focus on the potential unity amongst the community.