In contemporary societies, the practice of zakat transcends its religious obligation as commanded by Allah, becoming a means to strengthen the bonds among Muslims in Islamic countries, purify their wealth, and importantly, assist the poor in meeting their basic needs.
Today’s article discusses zakat al-mal in Algeria, one of the largest Islamic nations, focusing on its nisab and how it is calculated.
Zakat al-Mal in Algeria
In Algeria, zakat al-mal is governed by specific rules. It is an obligatory charity that must be distributed to the deserving poor and needy, and others entitled to receive zakat. Zakat purifies both the soul and wealth, and every free Muslim is obligated to pay it when their wealth reaches the nisab, as indicated by the Quranic verse: “Take, [O, Muhammad], from their wealth a charity by which you purify them and cause them increase.”
Amount of Nisab for Zakat al-Mal in Algeria
The nisab for zakat al-mal can be calculated if the wealth reaches the equivalent of 85 grams of gold; this is done by multiplying the current market price of gold by 85. The resulting figure represents the monetary value of the nisab.
For 2023, the nisab in Algeria was set at 892,500 Algerian dinar, taking into account the fluctuating gold prices in the market.
How is the Nisab Calculated in Algerian Dinar?
To calculate the nisab for zakat al-mal in Algeria, multiply 85 grams of gold by the current market price of gold. The result is the nisab for zakat al-mal.
(Gold Price × 85 = Nisab Value)
Once the wealth reaches or exceeds the nisab, a “quarter of a tenth,” or 2.5% of the total amount, must be paid as zakat after a lunar year has passed since acquiring the wealth.
How to Distribute Zakat al-Mal in Algeria
After determining the nisab and understanding the essential Islamic conditions for zakat, 2.5% of the total zakatable amount is distributed.
How to Donate Zakat al-Mal to Support Youth in Northern Syria?
In the face of challenges that thousands of students face today in completing their education due to refugee circumstances and the lack of necessary resources, an initiative called “Masarat” has begun offering free educational services. Masarat provides innovative systems designed to suit the current conditions of students and meets their educational needs without discrimination, offering an interactive educational system, a non-interactive platform, and a specialized knowledge channel on YouTube.
Your zakat donation today can help Masarat expand its reach, having already achieved tangible results in educating more than 31,000 children.
Donating your zakat now to the Masarat initiative has a long-term impact
The Prophet Muhammad, peace be upon him, said: “There is not a day that dawns but two angels come down, one of them says: ‘O Allah, compensate the spender,’ and the other says: ‘O Allah, bring loss to the one who withholds.'”
Spending in the way of Allah brings about abundant good, and spending to care for and educate orphans in northern Syria has an even greater impact. This act of charity not only fulfills a religious duty but also significantly changes lives by providing these vulnerable children with the education and care they need to build a brighter future.
