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Zakat Payment Threshold Data for Algeria
Data Science and Analytics
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About
The data tracks the evolution of the Nisab of Zakat in Algeria annually since 1983. The Nisab represents the minimum wealth threshold required for a Muslim to pay Zakat, a crucial charitable contribution amounting to 2.5% of their wealth. This file provides essential historical figures for financial analysis within a religious and economic context and is updated yearly as new official values are announced.
Columns
- Year: This column identifies the specific year the Nisab value was observed, with recorded values spanning from 1983 onwards.
- Nisab (in Algerian Dinar): This represents the monetary value of the Nisab threshold expressed in Algerian Dinar (DZD) currency. Values in the sample range significantly, from 10,000 DZD up to 1.61 million DZD.
Distribution
The data is usually available in a CSV format, specifically named Nisab_since_1983.csv, and is a small file size of 576 B. The structure consists of two columns. The file currently contains 43 validated records detailing the annual threshold amount.
Usage
- Historical financial trend analysis focusing on religious wealth thresholds.
- Modelling inflation and the effect of monetary policy changes in Algeria over time using the Nisab as an indicator.
- Statistical projects involving the intersection of economics and religious obligations.
- Applying techniques such as Linear Regression to forecast future Nisab values.
Coverage
The geographic coverage is limited specifically to Algeria. The time range spans from the year 1983 and continues up to the most recent annual announcement.
License
CC0: Public Domain
Who Can Use It
- Economists and financial researchers studying Islamic finance and wealth distribution models.
- Students and academics conducting statistical analyses or time series projects on Middle Eastern economic trends.
- Religious scholars tracking the historical and official application of Zakat mandates in Algeria.
- Data scientists interested in historical financial metrics updated regularly.
Dataset Name Suggestions
- Algerian Zakat Nisab Threshold Evolution (1983–Present)
- Historical Nisab Values in Algeria (DZD)
- Annual Algerian Religious Financial Metrics
- Zakat Payment Threshold Data for Algeria
Attributes
Original Data Source: Zakat Payment Threshold Data for Algeria
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