zakat and ushr
TRANSCRIPT
-
7/26/2019 Zakat And Ushr
1/31
-
7/26/2019 Zakat And Ushr
2/31
Zakat And Ushr
Zohaib Ahmed
-
7/26/2019 Zakat And Ushr
3/31
-
7/26/2019 Zakat And Ushr
4/31
Zakat is one of the fundamental institutions inIslam. In importance, it is placed next to prayer.
The commandment of Zakah is often coupled
with the commandment of Salah in the HolyQuran. For example:
o -
And be steadfast in prayer; Practice regularcharity; and bow down your heads with thosewho bow down (in worship).Surah II erse !
! "#$%& * '(#'! (
,! -.$ /0+ 123!
4.5. 6
7 )9386$
;: ;.=>7>
'!
-
7/26/2019 Zakat And Ushr
5/31
! "!#$ % "&'
*()+'.+)! ,)
And be steadfast in prayer and regular in charity: And whatevergood ye send forth for your souls before you, ye shall find it With
God: for God sees Well all that ye do.Surah II Verse 110
iterally, Za!ah means purification, growth, righteousness
and blessing. "t is defined in #hariah as a specific amount
due in the property of $uslims to be distributed to thedeserving. %he obligatory character of Za!ah is spelled out
in #urah %aubah &'( )*+.
- ./
&10 -
21 !-+ -
$# 3
4- (56
1 -* 7
8.
/)..
-f their properties, ta!e alms, so that you might purify
and sanctify them.
-
7/26/2019 Zakat And Ushr
6/31
*9 :#
!;3
# %?7 !-?* !?
$
? ?7 2;/
'? 2@!;!+ A!
B 37.
* C7,+ 3
D
;E /;2 FE !-? G 5H
And there are those who hoard gold and silver &money( and
spend it not in the Way of Allah: Announce unto them a
most grievous penalty: -n the day when heat will beproduced out of that &wealth( in the fire of ell, and with it
will be /randed t heir foreheads, their flan!s, and their
bac!s. %his is the &treasure( which ye hoarded for
yourselves: %aste ye, then the &treasures( ye hoarded0
#urah %aubah verse +1
-
7/26/2019 Zakat And Ushr
7/31
234"5"%"-5#:
1:Administrator-General:
means the person appointed as such under section 13, and
includes an officer authorised ! him to e"ercise or perform
an! po#er or function of Administrator-General under this
$rdinance%
&:annuit!:
'eans the sum pa!ale periodicall!, accordin( to the
annuit! polic! conditions, to an annuitant durin( his life-time, or for a fi"ed numer of !ears) as the case ma! e,
and includes the scheme of postal annuities as notified !
the Go*ernment
-
7/26/2019 Zakat And Ushr
8/31
3:Assets:
means assets liale to Zakat as pro*ided
in this $rdinance
+:Ati!!at:
means *oluntar! donations to the Zakat funds, other#ise
than on account of Zakat or Ushr, and includes sadaat-e-
nafilohs
:.entral .ouncil:
means the .ouncil estalished under section 1& /
:.hief Administrator: means a person appointed as such under section
1, and includes an officer authoried ! him to e"ercise or perform
an! po#er or function of .hief Administrator under this $rdinance%
-
7/26/2019 Zakat And Ushr
9/31
2:.ompan!: means a compan! as defined in the .ompanies Act, 113
4:5eduction A(enc!: means a ank, post office or other institution referred to in
the si"th column of the 6irst Schedule%
:5eduction 5ate: means, in respect of the assets mentioned in the 6irst
Schedule, the date or dates on #hich Zakat is to e deducted at source
and #hich is or are specified in the fifth column of that Schedule/10:5istrict .ommittee: means a .ommittee constituted under section 1 7or, in the
case of the Islamaad .apital 8erritor!, the Islamaad Zakat and Usher
.ommittee/9
11:Go*ernment Securit!: has the same meanin( as in the Securities Act, 1&0 ; of
1&0
-
7/26/2019 Zakat And Ushr
10/31
13:=ro*ident 6und: has the same meanin( as in the =ro*ident 6unds Act, 1&%
1+:=reco(nised =ro*ident 6und: means a =ro*ident 6und reco(nied as such, ! the competent
authorit!, under the Income 8a" $rdinance, 12%
1 sahi-e-nisaa:means a person #ho o#ns or possesses assets not less than nisaa, ut
does not include%
-
7/26/2019 Zakat And Ushr
11/31
ch 6 7harge and collection of Za!at
-
7/26/2019 Zakat And Ushr
12/31
Za!at should be complsory collected in following cases
a< primaril! secured ! that asset/
< used for the creation of an asset on #hich Zakat is deductile
at source %
c< otained from the 5eductin( A(enc! ha*in( custod! of the
asset securin( the det%
-
7/26/2019 Zakat And Ushr
13/31
Exemption from zakat deduction
):Assets of non muslims
6:8erson who is not a citi9en of
8a!istan
+:8erson files a declaration on grounds
of faith and fih.
1: 8erson e;cluded from the defination
of sahib e nisaab.
:Assets acuired with or held in
foreign currency.
-
7/26/2019 Zakat And Ushr
14/31
7 +.7A?G3# A52 7-37%"-5 -4 @#?
-
7/26/2019 Zakat And Ushr
15/31
An individual landowner, guarantee, allottee, lessee, lease
holder or landholder shall be e;empt from the compulsory
levy of @shr if
a< he is eli(ile under shariah to recei*e Zakat / or
< the produce from his land is less than fi*e #ass >+4
?ilo(rams< of #heat, or its eui*alent in *alue in the case of othercrops liale to Ushr%
1:8he currenc! eui*alent of fi*e #ass of #heat in *alue shall e
such as ma! e notified for each Zakat !ear ! the Administrator-
General%
-
7/26/2019 Zakat And Ushr
16/31
(2) Ushr shall be the first charge on the produce.
(3) Ushr shall be collected in cash:
Provided that where the produce consists of wheat or paddy, ushr
at the option of the 25Provincial !ouncil" #ay be collected in $ind.
(%) & 'ahibenisab #ay pay either to the ocal *a$at +und or
directly to those eligible under 'hariah to receive *a$at, so #uch of
the Ushr due under 'hariah as is not co#pulsorily reliable under
this rdinance, for e-a#ple, in respect of ite# of the 'econd'chedule.
-
7/26/2019 Zakat And Ushr
17/31
Ch 4 ZAKAT FUND
-
7/26/2019 Zakat And Ushr
18/31
3stablishment of Za!at 4undsB
8here Shall e estalished the follo#in( Zakat 6unds% @amel!,
a< a .entral Zakat 6und to #hich shall e credited
i
-
7/26/2019 Zakat And Ushr
19/31
&b( a 8rovincial Za!at 4und for each 8rovince to
which shall be credited
i< the transfers to it from the .entral Zakat 6und/
ii< the Zakat paid into it *oluntaril!/
iii< the transfers, if an!, fro the 5istrict Zakat 6und/
&2 Sustituted for the #ord BCocalD throu(h the 6inance Act,1+% &4 Sustituted throu(h Zakat and Ushr
Amendment< Act, 12%
i*< the transfers, if an!, from the Cocal Zakat 6und/ and *< the
(rants, ati!!at and an! other receipts/
-
7/26/2019 Zakat And Ushr
20/31
&c( a 2istrict Za!at 4und for each 2istrict to which shall be
credited.
i< the transfers to it from the =ro*incial 6und/
ii< the proceeds of Ushr to e deposited in the personal led(er
account of 5istrict Zakat 6und/
iii< the Zakat paid into it *oluntaril!/
i*< the transfers, if an!, from the Cocal Zakat 6unds/ and
*< the (rants, ati!!at and an! other receipts/ and
-
7/26/2019 Zakat And Ushr
21/31
&d( a ocal Za!at 4und for each ocal 7ommittee to which
shall be credited.
&i( the Za!at paid into it voluntarilyC
&ii( the transfers to it from the 2istrict Za!at 4undC
&iii( the transfer to it from the 8rovincial Za!at 4und andC
&iv( the grants, atiyyat and any other receipts.
-
7/26/2019 Zakat And Ushr
22/31
@tili9ation of Za!at 4unds
A< assistance to the need! persons affected or rendered
homeless due to natural calamities like floods and earthuakes andfor their rehailitation
E< e"penditure on the collection, disursement and administration
of Zakat and Ushr
.< in*estment in an! non-interest earin( instruments as is
permitted under Shariah
5< an! other purpose permitted ! Shariah%9
-
7/26/2019 Zakat And Ushr
23/31
7A8%3?