The Zakat Nisab 2019 is now revealed by the central bank.
Zakat Nisab 2019 is Rs 44,415 as revealed by SBP or State Bank of Pakistan. However, Zakat deduction will be made from saving accounts, profit and loss sharing accounts and other similar accounts on 1st Ramadan. On the other side, no Zakat would be deducted on amounts less than Rs 44,415.
To be liable for Zakat, which is one of the five pillars of Islam – one’s wealth must amount to more than a threshold figure, which is called ‘Nisab’. Those who do not want Zakat deduction from their accounts had until 15th of Sha’aban to submit a ‘Zakat exemption’ form.
In Islamic calendar, Ramadan has great significance. Majority of people prefer to pay Zakat in this month. You can also check the Ramadan 2019 Calendar of Pakistani cities including Lahore, Karachi, Islamabad, Peshawar, Quetta, Faisalabad, Multan, Hyderabad, Sialkot, and Gujranwala.
