Table of Contents

Pakistan Sets Minimum Nisab for Zakat Deduction in 2023

The Nisab for Zakat deduction on bank accounts has been fixed by the Pakistani government at Rs103,159 for the calendar year 2023.

The Poverty Alleviation and Social Division has announced that on the first day of Ramadan, Zakat will be deducted from savings and profit-sharing accounts with balances larger than Rs103,000.

Read More: Govt Announces Nisab of Zakat for 2023

According to Zakat and Ushr Ordinance, if a bank account has less money in it than the government-set limit, nothing would be taken out.

Read More: Ramadan 2023 – Ramadan Kareem in Pakistan 2023

Islam’s demand that one’s wealth exceed a predetermined amount known as “Nisab” in order to qualify for zakat is one of its core principles. For clients who don’t wish to pay, banks provide Zakat exemption services.

For more updates, stay tuned to Al Sadat Marketing News.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *