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Zakat El Mall

Zakat El Mall

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Published by: api-25980564 on Oct 18, 2008
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Zakat Calculation Spreadsheet
10/18/2008
Page 1 of 3
Zakat Calculator
\u0629\u0627\u0643\u0632\u0644\ue000 \u0628\u0627\u0633\u062d
(Use Only YELLOW cells to fill Values. Please refer to the Appendix Sheet for more explanations on Each Section)
\u0637\u0642\u0641 \u0621\u0627\u0631\ue000\u0635\u0644\u0627 \ue001\u064a\ue002\u062e\u0644\ue001\u0649\u0641 \u0645\ue003\u0642\u0644\u0627 \u0621\ue002\ue004\u0627
Price/Gm
1 ZAKAT ON GOLD
\ue001\u0647\u0630\u0644\ue000
\ue005\u0627\u0631\u062c\u0644\ue001\u0628 \u0646\u0632\u0648\u0644\u0627\ue005\u0627\u0631\u062c\u0644\u0627 \u0631\u0639\u0633\u0629\u064a\u0631\u064a\u062f\u0642\u062a\u0644\u0627 \u0629\ue006\ue003\u0642\u0644\u0627
24 Carat Gold/Jewelry
-
-
.00
-
22 Carat Gold/Jewelery
-
-
.00
-
18 Carat Gold/Jewelry
.00
--
2 ZAKAT ON PRECIOUS STONES
\ue002\u0645\u064a\u0631\ue003\u0644\ue000 \ue004\u0627\u062c\u062d\ue005\ue000
-
3 ZAKAT ON SILVER
\ue002\u0636\u0641\u0644\ue000
.00
-
4 ZAKAT ON CASH IN HAND /BANK
\u062f\u0648\u0642\u0646\u0644\ue000
Actual Value
Cash in Hand
\u0651\u0650\u062f\ue003\u0644\u0627 \ue007\u0641 \u062f\u0642\u0651\ue008\u0644\u0627
-
Cash in Bank in Savings Accounts
\u0650\u0631\ue003\u0641\u0648\u062a\u0644\u0627 \ue009\ue001\u0628\ue001\ue00a\u062d \ue007\u0641 \ue00b\u0650 \u0631\u0635\ue006\u0644\u0627 \ue007\u0641 \u062f\u0642\u0651\ue008\u0644\u0627
-
Cash in Bank in Current Accounts
\u0650\u0629\u064a\ue00c\ue001\u062c\u0644\u0627 \ue009\ue001\u0628\ue001\ue00a\ue00d\u0644\u0627 \ue007\u0641 \ue00b\u0650 \u0631\u0635\ue006\u0644\u0627 \ue007\u0641 \u062f\u0642\u0651\ue008\u0644\u0627
-
Cash held in Fixed Deposits
\u0629\u062a\u0628\ue001\u062b\u0644\u0627 \ue009\u0650 \ue001\ue00e\u0627\u062f\u064a\ue00f\u0627 \ue007\u0641\u064f\u062f\u0642\u0651\ue008\u0644\u0627
-
-
5
\u062a\ue000\ue004\u0627\u0645\u062b\ue006\ue007\ue005\ue000 \ue008 \ue009\ue008\u0631\u0642\u0644\ue000
Actual Value
Loans Receivable from Friends and Relatives
\u0650\u0621\ue001\u0628\u0631\ue010\ue011\u0627\ue012 \u0650\u0621\ue001\ue010\u062f\ue013\ue011\u0627 \ue014\ue004 \ue005\ue002\u062a\u0633\ue015\u0644 \u0629\ue016\u0628\ue001\ue010 \u0636\ue012\u0631\ue010
-
-
Investment in Govt Bonds
\u0629\ue003\ue004\u0648\u0643\u062d \ue009\u0650 \u0627\u062f\ue008\u0633 \ue007\u0641 \ue00c\ue001\ue006\u062b\u062a\u0633\ue00f\u0627
-
Provident Fund Contribution to date.
-
Insurance Premiums including bonus up to date\ue017\u062f\ue018\ue011\u0627 \ue019\ue012\ue002\u0639\u0644\u0627 \ue01a\u0644\u0630 \ue014\ue006\ue01b\u062a\u064a \ue014\u0650 \ue003\ue004\u0623\ue01c \ue009\u0627\ue012\ue002\ue00e
-
-
-
Government Security Deposits, ADRs, etc
\ue01d\u0644\u0627 \u060c\u0629\u064a\u0631\u0633 \u0629\ue003\ue004\u0648\u0643\u062d \ue009\ue001\ue00e\u062f\u064a\u0627
-
Investment in Private Chits, Funds, etc
\ue01d\u0644\u0627 \u060c\u0629\ue013\ue001\ue01e \ue01f\u0627\u0648\ue004\u0627 \ue007\u0641 \ue00c\ue001\ue006\u062b\u062a\u0633\ue00f\u0627
-
Other Sources of Wealth
\u0650\ue019\ue012\u0631\u0651\u062b\u0644\u0627 \ue014\ue004 \ue020\u0631\ue01e\ue021 \ue00c\ue017\ue001\u0635\ue004
-
6 ZAKAT ON LANDED PROPERTY
\ue002\u064a\ue004\u0627\u0642\u0639\u0644\ue000 \u062a\ue000\ue004\u0627\u0645\u062b\ue006\ue007\ue005\ue000
Estimate Value
-
-
7 ZAKAT ON BUSINESS
\ue00a\u0627\u0645\ue00b\ue005\ue000
Value of Saleable Stock

\ue022\ue003\ue023\ue016\u0644 \ue024\u0628\ue001\u0642\u0644\u0627 \u0646\u0650 \ue012\ue025\u062e\ue006\u0644\u0627 \u0629\ue006\ue003\ue010
Value of Damaged / Dead Stock
Amount Receivable from Credit Sales

\u0650\ue017\ue001\ue006\u062a\ue00e\ue00f\u0627 \ue009\u0650\ue001\u0639\ue003\ue023\ue004 \ue014\ue004 \ue005\ue002\u062a\u0633\ue015\u0644 \u0629\ue016\u0628\ue001\ue010 \u0629\ue003\ue006\ue026
LESS: Bad Debts
TOTAL VALUE OF STOCK
\ue00c\u0650 \ue008\u0632\u062e\u0645\u0644\ue000 \ue00d\ue00e \ue002\u0651\ue00f\ue010\u0643 \ue002\u0645\ue00f\ue011
.00
-
8 ZAKAT ON SHARE IN PARTNERSHIP FIRMS \u062a\u0627\u0643\u0631\u0634\u0644\u0627\ue012 \ue013\ue014\ue007\u0627\ue012 \ue002\u0643\u0631\u0634\u0645\u0644\ue000
Capital Balance as per Last balance Sheet
\u0650\u0631\ue003\ue01e\ue021\u0650\u062f\ue003\ue013\ue00c \u0629\ue027\ue00c\ue001\u0642\ue006\u0644\ue001\u0628 \ue007\ue00a\ue003\u0626\ue00c \u062f\ue003\ue013\ue00c
Loans Advanced by you to the Firm as of Date
\ue01d\u064a\ue00c\u0623\u0651\u062a\u0644\u0627 \ue014\ue004 \u0627\ue00c\ue001\ue023\u062a\ue00e\u0625\u0650\u0629\ue026\u0631\u0634\u0651 \u0644\u0627 \ue028\u0644\u0650\u0625 \u0645\u0643\u062a\ue029\u0633\u0627\u0648\u0628 \ue02a\u0652 \ue004\u0651\u062f\u0642\u064e\ue01c \u0636\ue012\u0631\u0642\u0644\u0627
NETT TOTAL WORTH CALCULATED
\ue015\ue016\ue006\u0633\ue00e \u0628\u0648\u0633\u064f \ue016\u0652 \ue00e\u064e \ue017\ue018\u0627\u0635 \ue019\u0648\u0645\u062c\ue00e
.00
-
9 ZAKAT ON AGRICULTURAL PRODUCE
\ue002\ue00f\ue00b\ue000\ue004\u0632\u0644\ue000 \u062a\u0627\u062c\ue006\u0646\u0645\u0644\ue000
Value of Produce
---
10
\ue01a\u0645\ue007 \ue002\ue00b\ue000\ue004\ue01b \ue008 \ue002\u0646\ue01c\ue000\u062f \ue004\u0648\ue00f\u0637 \ue008 \u062a\u0650\u0627\ue01d\ue000\u0648\ue00f\u062d
Total Value
-
11
Loans taken from from Friends / Relatives
-
Loans Taken from Banks / Institutions
Income Tax / Wealth Tax Payable
TOTAL LIABILITIES
\ue002\u0651\ue00f\ue010\u0643 \u062a\u0627\ue00f\u0644\ue008\u0624\u0633\ue00e
.00
.00
TOTAL ZAKAT PAYABLE
\u0629\u0627\u0643\u0632\ue010\u0644 \ue002\ue00f\u0626\u0627\ue014\u0646\u0644\ue000 \ue002\u0645\ue00f\u0642\u0644\ue000
.00
Weight in
GMS
Estimated
Value
Zakat
Payable
24
\u0629\ue003\ue023\u0647\u0630 \ue02b\u0627\u0631\ue003\ue010
/
\ue007\ue016\u062d
22
\u0629\ue003\ue023\u0647\u0630 \ue02b\u0627\u0631\ue003\ue010
/
\ue007\ue016\u062d
18
\u0629\ue003\ue023\u0647\u0630 \ue02b\u0627\u0631\ue003\ue010
/
\ue007\ue016\u062d
Other Gold Valuables. (Pls insert the Current
Estimated Value)
\ue020\u0631\ue01e\ue021 \u0629\ue003\ue023\u0647\u0630 \u0629\ue006\ue003\ue010
).
\u0629\ue006\ue003\u0642\u0644\u0627 \ue014\u0652\u0651\ue003\ue006\u062e\u064f\ue01c \ue024\u0652 \ue01e\ue017\u0627 \u064b\u0621\ue001\ue018\ue00c
\u0629\u064e \ue003\u0644\ue001\ue00d\u0644\u0627
(

Calculate the nett Market Value of the Precious
stones like Diamonds, Rubies, Etc. and add them
to the Estimated Value Column

\ue024\u062b\ue004\u0650\u0629\ue006\u064a\u0631\ue026 \ue00c\ue001\u062c\u062d\ue011 \ue007\u064e \u0641\ue001\u0635\u0651 \u0644\u0627\u064e\ue02c\u0648\ue00a\u0644\u0627 \u0631\u0639\u0633 \ue02d\u0652 \ue00a\u062d\u0625
\ue01d\u0644\u0627 \u060c\ue009\u0648\ue010\ue001\u064a \u060c\ue009\u0650 \ue001\u0633\ue001\ue006\u0644\u0627
.
\u0650\ue017\u0648\ue006\ue00e \ue028\u0644\u0650\u0625 \u0645\ue02e\ue000\ue003\ue01b\u064f\u064a\ue012
\ue014\u0650 \ue006\u064e\u0651 \u062e\u064e\ue006\u064f \u0644\u0627\u0650\u0629\ue006\ue003\u0642\u0644\u0627

Include Household Silver Utensils, Artefacts, and Jewelery. For Utensils, usually the silver is 90% pure so take 90% of the total weight

\u060c\u0629\u064a\ue012\u062f\u064a \ue009\ue001\ue00e\u0648\ue008\u0635\ue004 \u060c\u0629\u064e \ue003\u062a\ue003\u0628 \u0629\u064e \ue003\ue01b\u0651 \u0641 \ue009\u064e \u0627\ue012\ue017\ue021 \ue014\u0652 \ue006\u0651 \ue01b\ue01c\ue028\ue016\u062d\ue012
.
\u0646\u0648\u0643\ue01c \u0629\ue01b\ue000\u0644\u0627 \ue019\ue017\ue001\ue00e \u060c\ue009\u0650 \u0627\ue012\ue017\ue02f\u0644
% 90
\u0629\ue003\u0641\ue001\ue013
\ue030\u064f\ue031\ue01e\u0652\u0623\u064e\ue01c \u0627\ue031\u0644
%90
\ue007\u0651\u0650 \ue016\u0643\u0644\u0627 \u0646\u0650 \u0632\u0648\u0644\u0627 \ue014\ue004
ZAKAT ON LOANS / INVESTMENTS/ FUNDS/
SHARES, ETC
\u0646\ue032\u0627 \u062f\ue00d\u0644\u0650\ue00c\ue001\ue01e\u0651\ue017\ue00f\u0627 \ue02c\ue012\u062f\ue008\ue013 \u0629\ue006\u0647\ue001\ue00a\ue004.
Value of Shares (stocks) including Dividends.
Take their market value on the date of calculation
\u0650\u0645\ue02e\u0633\ue011\u0627 \u0629\ue006\ue003\ue010
)
\ue022\u0626\ue001\ue01b\u0628
(
\ue033\u0635\ue00d\u0644\u0627 \ue01a\u0644\u0630 \ue014\ue006\ue01b\u062a\u064a
.\ue034\u0650 \ue001\ue00a\ue00d\u0644\u0627 \ue01d\u0650\u064a\ue00c\u0623\ue01c \ue028\ue016\ue00e \u0645\ue02e\ue010\u0648\u0633 \u0631\u0639\u0633\u0652\ue031\ue01e\u064f
Landed Property held as an Investment / Business
(Estimate the current Ma\ue02c(ket Value
\u0629\u064a\ue00c\ue001\u0642\u0639\u0644\u0627 \ue009\u0627\ue00c\ue001\ue006\u062b\u062a\u0633\ue035\u0627
)
\u0629\ue003\ue010\u0648\ue00a\u0644\u0627 \u0629\ue006\ue003\u0642\u0644\u0627 \ue014\ue003\ue006\u062e\ue01c
\u0629\ue003\u0644\ue001\ue00d\u0644\u0627(
\u0650\u0629\u0628\u0631\u064e\u0651\u062e\u064e\ue004\u064f \u0629\ue006\ue003\ue010
/
\ue02a\ue003\ue004 \u0646\ue012\ue025\u062e\ue004
LESS: Amount Payable to Suppliers (Credit taken
from suppliers for stocking goods)
\ue024\ue010\ue021
:
\ue014\u064a\ue017\ue00c\u0651\u0648\ue004 \ue028\u0644\u0650\u0625 \ue022\u0641\u062f\ue016\u0644 \u0629\ue016\u0628\ue001\ue010 \u0629\ue003\ue006\ue026
)
\u064e\ue031\ue01e\u064e\u0627 \ue017\ue001\ue006\u062a\ue00e\u0625
\u0629\ue027\ue012\ue025\u062e\ue004 \ue022\u0650\u0626\ue001\ue01b\ue023\u0644 \ue014\u064a\ue017\ue00c\u0651\u0648\ue006\u0644\u0627 \ue014\ue004(
\ue024\ue010\ue021
:
\u0629\u062a\ue003\ue006\u0644\u0627 \u0646\u0648\u064a\u062f\u0644\u0627
LESS: Withdrawals made by you during the
current Year.
\ue024\ue010\ue021
:
\ue01f\ue002\ue01e \u0645\u0643\u062a\ue029\u0633\u0627\u0648\u0628 \ue009\u0652 \ue031\ue01e\u0627 \ue028\u062a\u0644\u0627 \ue009\ue001\u0628\u0648\ue00d\ue00a\u0644\u0627
\u0629\ue003\u0644\ue001\ue00d\u0644\u0627 \u0629\ue008\ue00a\u0651 \u0644\u0627.

Accumulated Profit from the date of Balance
Sheet to this Date (Estimate the Profit Value as it
is difficult to get exact figures in the middle of
Accounting Year)

\ue01d\u0650\u064a\ue00c\u0623\u062a\u0644\u0627 \u0627\ue031\u0647 \ue028\u0644\u0650\u0625\u0650\u062f\ue003\ue013\u0631\u0651\u0644\u0627 \ue01d\u0650\u064a\ue00c\u0623\ue01c \ue014\ue004 \ue022\ue006\u064e\u0651 \u062c\u064e \ue004\u064f \ue036\u0628\ue00c)
\ue036\u064e \ue023\u0635\u064f\ue01c \u0646\u0652\u064e\ue021 \ue02d\u064f \u0639\u0635\u0644\u0627 \ue014\ue004 \ue037\ue027\ue035\u0650\u0629\ue006\ue003\u0642\u0644\u0627 \ue036\u0650 \u0628\ue00c \ue014\ue003\ue006\u062e\ue01c
\u0650\u0629\ue008\ue00a\u0651 \u0644\u0627 \ue034\u0650 \ue001\ue00a\u062d\u0650 \ue038\u0650 \u0635\u062a\ue008\ue004 \ue007\u0641 \u0629\ue039\u0648\ue023\ue01b\ue004)

Produce Dependent on Rain Water - @ 10% of
product (crop) in Value or Kind
\u0650\u0631\ue029\ue006\u0644\u0627 \u0650\u0621\ue001\ue004 \ue028\ue016\ue00e \ue038\ue010\u0648\u062a\ue004 \ue03a\u0652 \ue001\u062a\ue027\ue021
%10 @
\ue014\ue004
\ue03a\u0650 \ue001\u062a\ue027\ue00f\u0627
)
\ue01f\u0648\u0635\ue00d\ue004
(

\ue03b\u0648\u0651\ue008\u0644\u0627 \ue012\ue021\u0650\u0629\ue006\ue003\u0642\u0644\u0627 \ue007\u0641
Produce totally dependent on Artificial Irrigation
like Canal, Tank, Borewell, etc. - @ 5% of Produce
(crop) in Value or in Kind

\ue024\u062b\ue004 \ue007\u0650 \ue00e\ue001\ue008\u0635\u0644\u0627 \ue03c\u0650 \u0631\u0651\u0644\u0627 \ue028\ue016\ue00e\u064b\ue001\ue003\ue016\ue026 \ue038\ue010\u0648\u062a\ue004 \ue03a\u0652 \ue001\u062a\ue027\ue021
\ue01d\u0644\u0627 \u060c\ue024\ue003\ue004\u0631\u0628 \u060c\u0650\ue019\ue001\ue008\u0642\u0644\u0627
%5 @ .
\ue03d\u0650 \u062a\ue008\ue006\u0644\u0627 \ue014\ue004
)
\ue01f\u0648\u0635\ue00d\ue004
(

\ue03b\u0650\u0648\u0651\ue008\u0644\u0627 \ue007\u0641 \ue012\ue021\u0650\u0629\ue006\ue003\u0642\u0644\u0627 \ue007\u0641
Produce dependent Partially on Rain Water and
Partially on Artificial Irrigation - 7.5% of the
Produce Value or in Kind

\ue024\u0643\u0634\u0628\ue012\u0650\u0631\ue029\ue006\u0644\u0627 \u0650\u0621\ue001\ue004 \ue028\ue016\ue00e \ue007\u0626\ue025\ue018 \ue024\u0643\u0634\u0628\u064e\ue022\u0628\ue001\ue01c \ue03a\u0652 \ue001\u062a\ue027\ue021
\ue007\u0650 \ue00e\ue001\ue008\u0635\u0644\u0627 \ue03c\u0650 \ue00c \ue028\ue016\ue00e \ue007\u0626\ue025\ue018
-%7.5
\u0650\u0629\ue006\ue003\ue010 \ue014\ue004
\ue03b\u0650\u0648\u0651\ue008\u0644\u0627 \ue007\u0641 \ue012\ue021 \ue03d\u0650 \u062a\ue008\ue006\u0644\u0627
ZAKAT ON ANIMALS & POULTRY & FISH
FARMING

Animals/ Birds more than 6 months Old - @ 1
Animal or Bird PER 40 either in Kind or Value of
the same.

\ue00c\u0648\ue003\ue039
/
\u0631\ue006\ue00e \ue014\ue004 \u0631\u062b\ue026\ue021 \ue009\ue001\ue027\u0648\ue003\u062d
6
\u0631\ue02e\ue03e\ue021
1 @
\ue024\u0651 \u0643\u0644 \u0631\ue003\ue039 \ue012\ue021 \u0646\u0627\u0648\ue003\u062d
40
\u0650\u0629\ue006\ue003\ue010 \ue012\ue021 \u0650\u0629\ue006\ue003\u062d\u0631\u0651\u0644\u0627 \ue007\u0641 \ue001\ue004\u0651 \ue021
\ue03f\ue000\ue027.
G E N E R A L L IA B IL IT IE S
-
Y o u n e e d to d e d u c t
your direct Payables or Liabilities which are
not deducted above
\ue008\u0623 \ue01e\ue018\ue01f\ue010\u0644 \ue002\ue010\ue012\u0627\ue011 \ue002\ue00e\u0651 \u0627\ue00b \u062a\u0627\ue00f\u0644\ue008\u0624\u0633\ue00e
\ue013\ue020\u062e\ue021 \ue00c\ue000 \ue022\u0627\ue006\ue016\ue021 \u062a\u0627\ue00f\u0644\ue008\u0624\u0633\ue00e
\u0650\u0621\ue001\ue010\u062f\ue013\ue021 \ue014\ue004 \ue014\ue004 \ue009\u0652 \ue031\ue01e\u064e\u0627 \u0636\ue012\u0631\u0642\u0644\u0627
/
\u0621\ue001\u0628\u0631\ue010\ue021
\ue00b\u0650 \ue00c\ue001\u0635\ue004 \ue014\ue004 \ue009\u0652 \ue031\ue01e\u064e\u0627 \u0636\ue012\u0631\u0642\u0644\u0627
/
\ue009\ue001\ue00a\u0633\u0624\ue004
\ue024\ue01e\ue017 \u0629\ue023\u064a\u0631\ue040
/
\ue022\u0650\u0641\u062f\ue016\u0644 \u0629\ue016\u0628\ue001\ue010\u0650\ue019\ue012\u0631\ue041 \u0629\ue023\u064a\u0631\ue040
Appendix: Explanations To be used in conjunction with the Spreadsheet on Zakat Calculator
Page 2 of 3
Dear Brothers & Sisters,
Details of Each Section to be used in conjunction with the Calculation Spreadsheet.
1
Zakat on Pure Gold and Gold Jewellery
2
Zakat on Precious and Semi-Precious Stones
One may calculate the saleable value of Items at hand on the date of Zakat Calculation.
3
Zakat on Silver.
4
Zakat on Cash and Bank Balances
You may make your best judgement and the best way is to pay on remaining amount on the day of calculation
5
Zakat on Loans Given, Funds, etc
6
Zakat on Landed Property
7
Zakat on Business:

Alhamdulillah, the month of Ramadhan has been bestowed upon us by Allah. ZAKAT is one of the five fundamental pillars of Islam, mandatory on all muslims who are of eligible wealth. Zakat is due from and payable by a person on his wealth (and not his income), which has remained with him/her for one Islamic year.

It is difficult to calculate the completion of one year on each item of wealth, because purchase dates may vary.
To overcome this difficulty, a practical method is to fix a date (e.g. 1st of Ramadhan), compute your total
wealth on that date and calculate Zakat, thereon.

The attached spreadsheet is a humble attempt at making the calculation process simple and consolidated, for
all brothers and sisters who are fortunate to be worthy of paying Zakat. If there are any errors, its purely due
to my incomprehension and may be brought to my notice immdtly by email at ajameel@yahoo.com. Please
remember me in your supplications and may Allah give us all the rewards of both worlds. Aameen.
Yours Brother in Islam,Arif Jameel.

Zakat should be calculated at 2.5% of the market value as on the date of valuation (In our case we consider 1st of Ramadhan). Most Ulema favour the Market Value prevailing as on the date of Calculation and not the purchase price.

A Reduction of 2% from the weight of Jewellery can be allowed towards studded stones jewellery & 25% from
the weight of KUNDAN Jewellery.
There is some contention on whether these are to be considered for valuation. In my humble opinion if they
have a value, then they calculate towards your wealth, and it is on the wealth that Zakat is mandatory.
Zakat is to be paid on Silver in Pure form or Jewellery, Utensils, Decorative items and all household items
including crockery, cutlery made of silver at 2.5% of the prevailing market rates.

Zakat should be paid at 2.5% on all cash balance and bank balances in your savings, current or FD accounts.
The amount technically should be in the bank for one year. Usually it happens that the balance keeps on
changing as per personal requirements.

Zakat is payable by you on loans you have given to your friends and relatives. It should be treated as Cash in
Hand. You may deduct Loans Payable by you to arrive at the nett present value of your wealth.
Zakat is payable on all Govt Bonds, Public Sector Bond, paid-up Insurance premiums, your paid-up portion of
Provident Funds, Govt Bills receivables, etc.

Zakat is not payable on personal residential House even if you have more than one and meant for residential
purpose only. Also Zakat is not applicable on Property given on rent irrespective of how many. However
Zakat is payable on the rental income.

However if your intention of holding properties is to sell at a future date for a profit or as an investment, then
Zakat is payable on the Market Value. Also, if your intention of holding properties changes in the current year,
I.e. from self use to business then you need to pay Zakat on that Property Value

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