The Holy month of Ramadan is a season of fasting, prayer, the Quran, and charity. Muslims around the world will be preparing themselves in dedication to Allah Almighty and the rewards He will offer His servants during this sacred month.
Acts of worship in Ramadan are highly regarded, and the month’s sanctity significantly multiplies rewards. For this reason, many Muslims prefer to fulfil their annual alms-giving (Zakat) obligations during this Holy Month.
A common question each year concerns the threshold (Nisab) of Zakat Al-Maal and the amount for Zakat Al-Fitr and how these are translated into monetary values.
The Australian Fatwa Council has determined the threshold (Nisab) of Zakat Al-Maal are:
- According to GOLD: 85 (Eighty-Five) GRAMS of 21 Carat obtained from the listed price on the Commodities Market.
Gold Price as of the 21st February 2026, 21 Carat, per 1 Gram is $202.85 AUD.
(85 Grams X $202.85 = $17,242.25 AUD)
- According to SILVER: 609 (Six Hundred and Nine) GRAMS of 100% pure Silver obtained from the listed price on the Commodities Market
Silver Price as of the 21st February 2026, per 1 Gram is $3.84 AUD.
(609 Grams X $3.84 = $2,338.56 AUD)
Therefore, the threshold (Nisab) of Zakat Al-Maal according to:
GOLD: $17,242.25 AUD I SILVER: $2,338.56 AUD
Note: The Australian Fatwa Council encourages the Australian Muslim community to calculate their Zakat according to the Silver Nisab, as it is in the best interest of the Zakat recipients.
While many Muslims prefer to give their Zakat during Ramadan, there is no set time for its payment. Zakat is due once a full lunar year (Hawl) has passed from the first day an individual’s wealth reaches the Nisab.
Zakat Al-Fitr for this year, 1447H I 2026, is around $20 per person.
The Australian Fatwa Council encourages the early payment of Zakat Al-Fitr, preferably at the beginning of Ramadan, to ensure it reaches the recipients in a timely manner and fulfils its intended purpose.
The Australian Fatwa Council also recommends all Muslims grant their charities to registered and reputable organisations and ANIC Partners.
On behalf of all the member Imams of the Australian National Imams Council and the Australian Fatwa Council, we wish the Muslim community of Australia and around the world a blessed Ramadan this year and an acceptable Fasting and worship.
The Australian Fatwa Council
