Pearl of Wisdom

'Three qualities which, when present in a person, enable him to savour the taste of faith: that nothing is more beloved to him than Allah and His Messenger, that to be burned in the Fire is more beloved to him than to denounce his religion, and that he loves for the sake of Allah and hates for the sake of Allah.'

Prophet Muhammad al-Mustafa [sawa]
Kanz al-'Ummal, no. 72

Latest Answers

Receive Qul Updates

Name:
Email:



Ask Qul - QA
Question : #749 Category: Zakaat & Khums
Subject: determineing the market value
Question: how to determine the market value to give khums?
Answer: Khums is not determined by market value as it is an Islamic tax, paid at the rate of one-fifth or 20 percent of annual saving or surplus of income. The saving or surplus amount can be determined by subtracting yearly eligible expenses from annual income.


Grand Ayatullah Sayyid Ali Husayni Sistani has discussed the topic in detail in Rulings 1760 through 1860, visit web site www.sistani.org.
A review of those rulings is necessary by every Muslim so as to identify certain conditions, incomes, expenses, or circumstances under which either the Khums is binding or exempt.

If you require further clarification on this answer, please use the feature to respond to the stated answer.
Copyright © 2017 Qul. All Rights Reserved.
Developed by B19 Design.