Friday, March 21 2025

Zakat Deduction to Be Made on the First Day of Ramadan

Pakistan has set PKR 179,689 as the minimum Nisab of Zakat for the Zakat Year 1445-46 AH (2025), according to a notification issued by the Ministry of Poverty Alleviation and Social Safety.

The Nisab represents the minimum amount of savings or wealth upon which Zakat is applicable under the Zakat and Ushr Ordinance, 1980.

Zakat Deduction Date & Applicability

The first day of Ramadan likely to fall on March 1 or 2, 2025 (subject to moon sighting) has been designated as the Zakat deduction date. Zakat will be deducted from:

  • Saving bank accounts
  • Profit and loss sharing accounts
  • Similar deposit accounts

However, no Zakat will be deducted if the balance in these accounts is less than PKR 179,689 on the deduction date.

Bank Instructions & Compliance

The ministry has directed all banks and financial institutions to comply with the Zakat Nisab guidelines and deduct Zakat at source from eligible accounts. All Zakat Collection & Controlling Agencies (ZCCAs) are requested to ensure timely deductions and deposits of the collected amounts.

Nisab of Zakat 2025: Key Details

  • Minimum Nisab: PKR 179,689
  • Deduction Date: First day of Ramadan (March 1 or 2, 2025)
  • Applicable Accounts: Savings, profit & loss sharing, and other similar bank deposits
  • Exemptions: Accounts with balances below PKR 179,689

What is Nisab of Zakat?

The Nisab of Zakat represents the minimum threshold of wealth upon which Muslims are obliged to pay 2.5% of their savings annually as a charity under Islamic law. The amount is typically calculated based on the market value of 52.5 tolas (612.36 grams) of silver.

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