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Zakat Nisab 2019 Pakistan State Bank Cash Gold

If you are looking or searching for the Zakat Nisab 2019 Pakistan State Bank Cash Gold then you are at the right page where you can get the information related to this and is very helpful for you. The amount of Zakat can be calculated on the wealth that you have retained for one lunar year. According to the Islam 2.5% of that wealth would be the Zakat Nisab and you have to contribute it to the needy. The percentage of Zakat is Universal all over the world. The Zakat is not only payable on Gold, Silver or Cash which is a perception of every mind but it is also payable on the business profit or your shares or the Bonds you have. In our country Pakistan the 1st Ramadan is the holiday of Bank for customers but not for the employees because on that day the zakat is deducted from every single account according to the Zakat Nisab in Pakistan set by the State Bank of Pakistan SBP.

Zakat Nisab 2019 Pakistan State Bank

Last Year in 2018 the government of Pakistan and the State Bank of Pakistan has set the Nisab of Zakat to Rs. 39,198/- Whereas it was at Rs. 38,406/- in year 2017. That means if you amount in the bank is less then the Rs. 39,198/- then no Zakat would be deducted from your account but if the amount is more than that the Zakat is deducted automatically. Well there are a large number of bank depositors in Pakistan who write to bank to not deduct Zakat from thier account as they prefer to do Charity to their close Relative which have more importance while charity. Every year billions of Rupees are collected from the Banks all over the Pakistan including the banks in Azad Jammu kashmir and Gilgit Baltistan and FATA Areass Too.

Zakat Nisab 2019 Pakistan State Bank

Zakat Nisab on Gold 2019

When your personal wealth is more than the Zakat Nisab set by the State Bank then you are obliged to giver Zakat to the needy. If you need Zakat Nisab on Gold 2019 then the gold you have for more than one year and is 87.48 grams in weight then you are liable to pay Zakat on that. The Current Rate of Gold is Rs. 68,900 per Tola so the formula to calculate Zakat is simple that Gross Wright of Gold – Weight of Stones X Price of Gold X 2.5%.

Zakat Nisab on Cash 2019

As mentioned above in this article that Zakat Nisab on Cash 2019 is set by the State Bank of Pakistan and as last year it is Rs. 38,406/- so that is why this year the price would be little high that would be around Approximate 39000. but you need to stay here on this page so that as soon as the officials will declare the Zakat Nisab 2019 Pakistan State Bank Cash Gold you would be able to get it from this page easily.

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