Q: On whom is Qurbani obligatory?
A: There are 3 conditions for Qurbaani to be Wajib:
1. Iqamat: This means being a Muqeem(non-traveller). Qurbani is therefore not wajib upon a Musaafir (traveller) - one who has undertaken a journey of 78 kilometres or more, and intends staying in one place for less than 15 days.
2. Buloog: This means puberty. Hence qurbani is not wajib on a minor, even if he/she is in possession of wealth.
3.Financial Means: Possessing Nisaab or wealth equivalent to the value of Nisaab in excess of one’s basic needs and debts on any of the three days of Qurbani. [The Nisaab amount at the beginning of September 2016 is R5774.55 (612.36 grams of Silver)]
N.B. It is not necessary that this amount be in one’s possession for a complete lunar year.
And Allah Knows Best