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Islamic finance

Nisab Today in NGN

The live zakat threshold in Nigerian Naira, from today's gold and silver prices (2026-08-13).

Gold nisab (85 g pure gold)
16,181,487 NGN
Alternate (87.48 g): 16,653,606 NGN
Silver nisab (595 g pure silver)
1,679,644 NGN
Alternate (612.36 g): 1,728,651 NGN · recommended threshold

How to use these numbers

If your zakatable wealth in Nigerian Naira — cash in NGN, gold and silver, money owed to you, and business inventory — stays at or above the nisab for one full lunar year, zakat of 2.5% is due. Most scholars recommend checking against the lower silver figure (1,679,644 NGN today) so that zakat reaches more people.

Calculate exactly what you owe with the zakat calculator, value gold by weight and karat with zakat on gold, or see today's gold price in Nigeria.

Nisab in other currencies

Frequently asked questions

What is the nisab in NGN today?+

Using the gold standard (85 g of pure gold), today's nisab is about 16,181,487 NGN. Using the silver standard (595 g) it is about 1,679,644 NGN. Figures refresh daily with metal prices and the NGN exchange rate.

Gold or silver standard — which should I use?+

Most scholars recommend the silver nisab because it is lower — zakat becomes due sooner and more of the poor benefit. The gold standard is also valid.

Why does the nisab in Nigerian Naira change?+

Two moving parts: the global gold/silver price, and the NGN exchange rate. Both update daily, so a nisab figure published months ago can be far off — this page always shows today's value.