As Ramadan 2025 approaches, the Ministry of Poverty Alleviation and Social Safety has officially announced the Zakat Nisab, setting the threshold for automatic zakat deductions on bank accounts.
According to the latest notification, Zakat will be deducted from savings accounts that have a balance of Rs179,689 or more on the first day of Ramadan, expected to fall on March 1 or 2, 2025. However, current accounts are exempt from Zakat deductions.
This decision aligns with the Zakat and Ushr Ordinance of 1980, which regulates the collection and distribution of Zakat in Pakistan. The deducted funds are used for welfare programs, assisting low-income families, widows, orphans, and those in need.
In addition to Zakat deductions, the Chairman of the Islamic Ideological Council, Dr. Raghib Hussain Naeemi, has provided guidance on Fitrana and Fidya payments for Ramadan 2025.
Fitrana is an obligatory charity that must be given before Eid-ul-Fitr, allowing those in need to celebrate the occasion. The amount varies based on the staple food chosen:
Families using subsidized wheat flour can pay a minimum of Rs160 per person.
For those unable to fast due to health conditions or other valid reasons, Fidya must be paid for each missed fast. The Fidya amount for 30 days of fasting is calculated as follows:
If someone deliberately breaks a fast without a valid reason, Kaffara must be paid. This involves either:
The payments of Zakat, Fitrana, and Fidya hold immense significance in Islamic teachings, ensuring that the less fortunate are supported during Ramadan and Eid celebrations.
For those eligible to pay, it is recommended to make these contributions as early as possible to allow timely distribution to those in need.
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