6 articles tagged “Zakat”
Gold is permissible with the right rules and popular for the wrong reasons. The fiqh conditions, the zakat you owe on it, and Pakistan's fund routes to gold exposure.
Pakistan is one of the few countries that deducts zakat from bank accounts by law. How the state system works, what it does not cover, and how to calculate what you actually owe.
Every first of Ramadan, Pakistani banks deduct zakat from savings accounts by law. Which accounts are hit, how the CZ-50 exemption works, and what the deduction does not settle.
Fund units and shares are zakatable wealth, and purification of haram income is a separate duty entirely. How to value holdings, what AMCs deduct, and the trader vs investor question.
Gold nisab is 87.48 grams, or 7.5 tolas, and in Pakistan's Hanafi mainstream even personal jewelry is zakatable. How to weigh, value and calculate without guessing prices.
Your house is not zakatable. A plot bought to flip is. Rental property follows a third rule. How intent decides zakat on real estate, and what Pakistan's plot culture owes each year.