Explanation

According to the Zakat and Usher Ordinance, banks are required to deduct Zakat from savings accounts on the 1st of Ramzan.

This deduction is made from the balance in the account that exceeds a certain threshold (Nisab).

It is meant to fulfill the religious obligation of Zakat.

Explanation

The amount of zakat paid on capital assets (e.g. money) and stock-in-trade and jewelry is customarily 2.5% 

How many camels render are to par Zakat? 5

How many goats render are to pay zakat? 40

How many sheep render are to pay zakat? 40

Zakat is payable on gold of_________7.5 tolas

Zakat is payable on silver of_______52.5 tolas

Explanation

Explanation

Zakat become obligatory in 2nd hijri

Explanation

The head of a sovereign,

independent state is usually identified as the person who,

according to that state's constitution,

is the reigning monarch, in the case of a monarchy;

or the president, in the case of a republic.

Explanation

“Charity (Sadaqah) extinguishes sin, just as water extinguishes fire.”

―Prophet Muhammad ﷺ (Tirmidhi 614)

“Verily, the good deeds remove the evil deeds” ―Quran 11:114

Charity (ZAKAH) is the third pillar of Islam. 

Explanation

There are five pillars of Islam and zakat was the third fundamental pillar of Islam

Zakat literally means Purification.

Zakat was made compulsory in 2 A.H.

The word Zakat occurs 32 times in the Holy Quran.

Hazrat Abu Baker did Jihad on the issue of Zakat.

Without the zakat act the prayer is useless

ND08-3-2023

Explanation

Wasq is an old Arabic unit of measurement often used for large quantities.

It traditionally associated with a camel's carrying capacity.

It was historically used to measure agricultural produce like dates and grains.

Explanation

Zakat is not due on personal use items such as clothes, furniture, or home utensils, even if they are expensive.

Zakat is due on cash, gold, silver, trade goods, and certain livestock if they reach nisab (minimum threshold).

Explanation

Fitrana is the Urdu word for the Arabic al-fitr,

Also called Zakat al-Fitr.

or the special Zakat,

or obligatory alms, of “Breaking the Fast” at the end of the month of Ramadan.

It derives from the Arabic word fitr, which literally means “the ‘nature’ upon which God created the human being.