OurZakat Calculator makes calculating your Zakat simple and easy! All you need to do is to enter any relevant information about your situation below. Once you've done that, our Zakat Calculator does all the hard work. We'll show you how much Zakat you need to pay, and what you can achieve. View our demo video if you need more help with
Youare Sahib-e-Nisab and eligible to pay Zakat if the total of your assets values more than 7.5 tola/3 ounces/87.48 grams of gold, or 52.5 tola/21 ounces/612.36 grams of silver for a full lunar year. The following eight categories of people are specified in the Quran as the rightful recipients of Zakat: Fuqaraa [poor and low-income
Simplifythe rules of Zakat with Muslim Aid. We can help you work out how much to pay with our handy Zakat calculator. Calculate your Zakat today.
Yes zakat is due on savings for which one has already paid zakat on from the previous year. The basic idea is as follows: once a person has the minimum zakatable amount (called nisab), then that day is one's zakat 'due-date'. So after one lunar year, on that due-date, one sees if one still has nisab. If so, zakat is due on all of one's
Therate of income tax is 20% of the net adjusted profits. WHT rates are between 5% and 20%. Zakat is charged on the company's Zakat base at 2.5%. Zakat base represents the net worth of the entity as calculated for Zakat purposes. It should be noted that, although the income tax rate is 20%, income from the following two activities is subject
