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Zakat

Banks to deduct Zakat today

KARACHI: The State Bank of Pakistan will remain closed for public dealings on 1st Ramazan-ul-Mubarak 1439 A.H.(today), which being observed as ‘Bank Holiday’ for the purpose of deduction of Zakat. All banks/Development Finance…

Nisab-i-Zakat fixed at Rs39,198

KARACHI: The Nisab for Zakat has been fixed at Rs39,198 for lunar year 1438-39 A.H. a notification issued by the Ministry of Religious Affairs & Interfaith Harmony said. No deduction of Zakat at source shall be made in case the…

MQM questions workers' arrest by Rangers

KARACHI:  Muttahida Qaumi Movement (MQM) strongly reacted over the arrest of party’s 16 workers by Rangers and maintained that that the collection of Zakat and Fitra for a welfare organization is not a crime, ARY News reported on Thursday.