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Nisab for Zakat in Canada Today

The silver nisab is C$1,693 and the gold nisab is C$16,580. If your zakatable wealth has been above the nisab for a lunar year, 2.5% is due.

Updated 2026-10-04
Silver nisab (612.36 g)C$1,693Silver C$2.77 per gram
Gold nisab (87.48 g)C$16,58024K gold C$190 per gram

Zakat on savings in Canada

Savings held for a yearZakat due (silver nisab)Zakat due (gold nisab)
C$1,693C$42Below nisab
C$3,387C$85Below nisab
C$8,467C$212Below nisab
C$16,933C$423C$423
C$42,333C$1,058C$1,058
C$84,666C$2,117C$2,117
C$169,331C$4,233C$4,233

Use the zakat calculator to include gold, silver, investments and business assets.

Frequently asked questions

What is the nisab for zakat in Canada today?

Based on today's prices, about C$1,693 using silver (612.36 g) or C$16,580 using gold (87.48 g).

Which nisab should I use?

Many scholars recommend the silver nisab for cash savings because it is lower and benefits the poor; others use gold. Follow your scholar or local mosque.

When is zakat due?

When your zakatable wealth has stayed at or above the nisab for one full lunar (Hijri) year.

Nisab in other countries

Nisab uses international spot prices. Local prices can differ slightly; consult a scholar if unsure.