Nisab

Ramadan 2024: Govt announces minimum Zakat Nisab

The government has announced the Nisab-i-Zakat for the Zakat Year 1444-45 A.H at Rs. 135,179. Zakat will be deducted from specific bank accounts at 2.5% on the first day of Ramadan, which is expected to be on March 12, 2024. This will apply to Saving Bank Accounts, Profit and Loss Sharing Accounts, and other similar accounts