📜 Certified Maliki Fiqh Guidance
⏱️ Live Gold & Silver Prices - July 2026
📖 Complete Zakat Guide for Senegal & West Africa (CFA Franc - XOF)
Zakat is the third fundamental pillar of Islam. It is a spiritual and financial obligation designed to purify wealth and redistribute capital to the eight categories of recipients specified in the Holy Qur'an. In Senegal and West Africa (Senegal, The Gambia, Mauritania, Guinea, Guinea-Bissau, Mali), precise Zakat calculation requires adjusting the Nisab threshold to local currencies (CFA Franc XOF, Dalasi GMD, Ouguiya MRU, Guinean Franc GNF) and mobile money digital wallets such as Wave, Orange Money, and Free Money.
1. What is Nisab and How is it Calculated?
The Nisab represents the minimum net wealth threshold above which Zakat becomes mandatory. If your net liquid assets (after deducting short-term debts) meet or exceed the Nisab for one complete lunar year (the Hawl), you are required to pay 2.5% (1/40th) of your total net wealth.
- Gold Nisab (Recommended Benchmark): Equivalent to 85 grams of pure 24K gold. If gold is 40,000 XOF/gram in Senegal, Nisab equals
85 × 40,000 = 3,400,000 XOF.
- Silver Nisab: Equivalent to 595 grams of pure silver. At 600 XOF/gram, Silver Nisab equals
595 × 600 = 357,000 XOF.
2. Mobile Money & Digital Wallet Inclusions (Wave, Orange Money, Free Money)
According to contemporary Islamic jurisprudence rulings, funds stored in mobile money wallets (Wave, Orange Money, Free Money, Wizall, Kalpé) hold the exact same legal status as cash on hand or bank balances. All active balances on the day of calculation must be fully included in gross zakatable assets.
3. Authentic Qur'anic Verses & Hadith References
📖 Qur'anic Verses:
"Take, [O Muhammad], from their wealth a charity by which you purify them and cause them increase." — Surah At-Tawbah (9:103)
"Zakat expenditures are only for the poor and for the needy and for those employed to collect [zakat] and for bringing hearts together [for Islam] and for freeing captives [or slaves] and for those in debt and for the cause of Allah and for the [stranded] traveler." — Surah At-Tawbah (9:60)
📜 Authentic Hadith:
Narrated by Ibn Umar (r.a.), Allah's Messenger (ﷺ) said: "Islam is based on five pillars: To testify that none has the right to be worshipped but Allah and Muhammad is Allah's Messenger, to offer prayers, to pay Zakat, to perform Hajj, and to observe fast during Ramadan." — Sahih Al-Bukhari & Sahih Muslim
✅ Advisory Compliance Statement:
This calculator follows strict Maliki Fiqh regulations and has been verified by Islamic finance specialists for West Africa.