Sunday 23 April 2017
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SANZAF in the news

SANZAF Winter Warmth Campaign continues

On Wednesday the 17 August 2016, SANZAF spent an eventful day with 820 learners from Cloetesville Primary School, Stellenbosch. SANZAF provided the learners with a nutritious hot meal and warm clothing for winter. Would you like to know how to get involved?

Kindly contact (021) 638 51078

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SANZAF ZAKAH GUIDE 8:10

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SANZAF ZAKAH GUIDE 8:10

Nisaab refers to the minimum amount of Zakaatable wealth one must possess before one is liable to pay Zakah. The Nisaab value is based on the rand value of 612.36 grams of silver.

How does Nisaab affect Zakah

1. The rule of thumb is that if one possess the Nisaab value for one Islamic year, then all of ones Zakaatable wealth may be subject to Zakah

2. The easiest way to determine if one is liable to pay Zakah is to answer the following:

a) did you have Zakaatable wealth to the value of Nisaab or more last year (on your Zakah valuation* date)?

b) do you have Zakaatable wealth to the value of Nisaab or more this year (on your Zakah valuation date?)

If you answered YES to both questions then you may be liable to pay Zakah

TIP! Cash and Gold jewellery are two forms of Zakaatable wealth!

SANZAF Changing Lives Through Development And Relief

If you are interested in receiving the latest updates on SANZAF Projects and Programmes, forward your name and region to our Official WhatsApp number: 072 733 1727

SANZAF ZAKAH GUIDE 7:10

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SANZAF ZAKAH GUIDE 7:10

Liabilities or monies owing by you are sometimes* deductible from the total value of assets subject to Zakah. In other words, one may deduct certain liabilities before calculating ones Zakah.

How to treat Liabilities for Zakah purposes
1. If one is calculating one's Zakah before payment of ones normal/regular monthly expenses, then such normal/regular monthly expenses may be deducted from cash on hand and Zakah will be calculated on the balance after deductions

2. If one is calculating ones Zakah after payment of one's normal/regular monthly expenses, then Zakah will be calculated on the balance currently on hand

3. Do not deduct the full amount due on long- term liabilities, for example on home-loans or vehicles. However one may deduct the current installment due as per (1) above

4. Merchants may deduct the full amounts due to their suppliers before calculating Zakah

Various Madhabs offer different methods on how to treat liabilities, from not allowing any deductions to deducting all liabilities. Please consult an Aalim

SANZAF Changing Lives Through Development And Relief

If you are interested in receiving the latest updates on SANZAF Projects and Programmes, forward your name and region to our Official WhatsApp number: 072 733 1727

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