Question:
I would like to know what amount of money, I need to have in order for me to make Qurbani ?
Answer:
In the name of Allāh, the Most Gracious, the Most Merciful.
Assalamualaikum Warahmatullahi Wabarakatuhu
During the days of Qurbani if one possesses money or jewellery ( gold/silver ) equivalent to the Nisaab amount, Qurbani will become compulsory upon him/her.
The Nisaab amount as at 26/10/2012 is ;
£391.91
$636.85
€489.89
And Allah Ta‘ala knows best
Mufti Luqman Hansrot
Fatwa Dept.