Zakat Al-Maal -1444H-2023
The Australian Fatwa Council encourages the Australian Muslim community to calculate their Zakat according to the Silver Nisab (Zakat Threshold) as it’s in the best interest of the Zakat recipients in particular the poor and needy.
According to SILVER: 595 GRAMS of 100% pure Silver obtained from the listed price on the Commodities Market as from the 14 March 2023, Per 1 Gram is $1.05 AUD. (595 Grams X $1.05 = $624.75 AUD)
ZAKAT NISAB FOR 1444H-2023: $624.75 AUD