2 articles tagged βNisabβ
No state system, no dedicated zakat institution, no employer deduction: in New Zealand the entire third pillar is self-assessed. Here is the full calculation, in NZD, honestly.
Nisab is a weight of metal, not a dollar figure, which is why every NZD number published anywhere is stale within a day. Here is the method, and the choice between gold and silver that matters more.