How is Zakat calculated, and what is its Nisab?

The nisab is the minimum amount of wealth on which zakat becomes obligatory, and it varies depending on the type of wealth: - Crops and fruits: five awsuq (652 kg of wheat). The obligatory amount is one-tenth or half of it. - Gold: 20 dinars (85 grams). Silver: 200 dirhams (595 grams). The obligatory amount is one-quarter of one-tenth (2.5%). Paper money and trade goods are measured against these. - Sheep: 40 head. Cattle: 30 head. Camels: 5 head. Details of the obligatory amount can be found in Fatwa no. 46927.

Zakat becomes obligatory on the two precious metals (gold and silver), trade goods, and livestock under three conditions: reaching the nisab, complete ownership, and the passing of a full lunar year (hawl). As for crops and fruits, the hawl is not a condition; rather, zakat is paid at the time of harvest, while observing the conditions of reaching the nisab and complete ownership.