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What amount of wealth does one need to possess for qurbaani to be waajib (compulsory) upon him?
 
Q: Upon whom is qurbaani waajib, and what amount of wealth does one need to possess for qurbaani to be waajib (compulsory) upon him?
 
A: Qurbaani is waajib upon a sane, mature Muslim who is not a musaafir and who owns wealth equal to the nisaab over and above the basic necessities of life (e.g. house, car, furniture, items that one uses, etc). It is not necessary for one year to pass over the wealth nor is it necessary for the wealth to be zakaatable wealth.
 
Hence, if a person has goods which are not for sale nor is he using the goods, or he possesses old clothing which he no longer uses, and this wealth reaches the value of nisaab (of zakaat) then qurbaani will be wajib on him.
 
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