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==== ''Nisab'' ====
{{main|Nisab}}
''Zakat'' is obligatory when a certain amount of money, called the ''nisab'' (or minimum amount/percentage), is reached or exceeded. Zakat is not obligatory if the amount owned is less than this ''nisab''. The ''nisab'' of gold and golden currency is 20 ''mithqal'', or approximately 85&nbsp;grams of pure gold. One ''mithqal'' is approximately 4.25&nbsp;grams. The ''nisab'' of silver and silver currency is 200 dirhams, which is approximately 595&nbsp;grams of pure silver. The ''nisab'' of other kinds of money and currency is to be scaled to that of gold; the ''nisab'' of money is equivalent to the price of 85&nbsp;grams of 999-type (pure) gold on the day in which ''zakat'' is paid.<ref>{{Cite web|date=2017-05-13|title=What is Zakat on money and When is it required? {{!}} Donate your Zakat|url=https://www.beyazeller.org/en/zakat-ul-mal/|access-date=2022-01-19|website=Beyaz Eller Association|language=en-US}}</ref>
 
''Zakat'' is obligatory after the money has been in the control of its owner for the span of one lunar year; a lunar year is approximately 355 days. The owner then needs to pay 2.5% (or 1/40) of the money as ''zakat''. The owner should deduct any amount of money he or she borrowed from others, check if the rest reaches the necessary ''nisab'', then pay ''zakat'' for it.<ref>{{Cite web|title=Islamic Aid Zakat (Zakah) {{!}} Donate your Zakat to Fight Poverty in Asia and Africa|url=https://islamicaid.org/zakat-zakah/|access-date=2022-01-19|website=Islamic Aid - changing lives for good - Donate Now Zakat (Zakah) {{!}} Sadaqah {{!}} Refugee Services {{!}} Flood & Disaster Relief Worldwide|language=en-US}}</ref>
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