Islamabad February 26 2025: Government of Pakistan set Nisab of Zakat for this year at PKR 179,689 for Saving Bank Accounts, Profit and Loss Sharing Accounts and other similar Accounts.
This nisab is 32.9 percent compared ot nisab of Zakat of PKR 135,179 set for last year.
“I am directed to say that Administrator General Zakat has notified the “Nisab of Zakat” for the Zakat Year 1445-46AH at Rs. 179,689 (Rupees One Hundred Seventy- Nine Thousand Six Hundred Eighty-Nine only)” states the letter issued by Ministry of Poverty Alleviation and social safety to all Banks and Financial institutions.
No deduction of Zakat at source shall be made, in case the amount standing to the credit of an account in respect of the assets mentioned is less than Rs. 179,689 (Rupees One Hundred Seventy-Nine Thousand Six Hundred Eighty-Nine only) on the first day of Ramzan-ul-Mubarak, 1446 A.H.
First day of Ramazan-ul-Mubarak has already been notified as the “Deduction date” likely to fall on 1st or 2nd March, 2025 (subject to appearance of the moon) for deduction of Zakat from Saving Bank Accounts, Profit and Loss Sharing Accounts and other similar Accounts having credit balance of Rs. 179,689 (Rupees One Hundred Seventy-Nine Thousand Six Hundred Eighty-Nine only).
All the Zakat Collection & Controlling Agencies (ZCCAs) are requested to deduct the Zakat accordingly.
