Contribute your Zakat (on Savings) with us
What is Zakat?
An obligation upon all Muslims when their savings have reached a minimum amount or Nisab value within a minimum period of time or Haul.
Find out the Nisab value on MUIS website or from Berita Harian / Berita Minggu daily.
Check your bank statement and highlight on your savings balance for the past 1 Islamic Calendar year (*Haul). Zakat on Savings in only based on savings balance.
*1 Haul is approximately 355 days.
Identify the lowest balance in the year.
The lowest balance amount X 2.5%