Zakat Nisab and Threshold Values
The government of Pakistan has fixed the nisab of zakat at _________ rupees for lunar year 1441-42 Hijri?
Overview
The government of Pakistan has fixed the Nisab of Zakat at Rs80,933 for the lunar year 1441-42 Hijri. People having Rs80,933 balance in savings, profit and loss sharing or similar bank accounts on the first day of Ramazan will have 2.5% Zakat deducted on their total balance. This is a government initiative to collect and distribute Zakat to those in need.
The Zakat system in Pakistan is overseen by the Ministry of Religious Affairs, which is responsible for collecting and distributing Zakat to various categories of people, including the poor, the needy, and Zakat administrators. Zakat is a means of helping those in need and creating a more equitable and just society.
By giving Zakat, Muslims can help to reduce poverty and inequality in their communities and fulfill their obligation to Allah. Zakat is a means of cleansing one's wealth and soul and drawing closer to Allah.
Explanation
| People having Rs80,933 balance in savings, profit and loss sharing or similar bank accounts on the first day of Ramazan will have 2.5% zakat deducted on their total balance. |
