Learn how to calculate Zakat on Savings with this slideshow. You can also watch the video of this presentation at http://www.youtube.com/zakatsg

1. Zakat on Savings

2. Zakat
Zakat on Wealth Zakat Fitrah
Zakat Zakat Zakat
on Savings on Business on CPF
Zakat Zakat Zakat
on Insurance on Shares on Gold

3. Zakat
on Savings

4. Zakat on Savings
$ $ $
$
$ $ $
Current Fixed Cash in
Bank Cooperative Account hand
Deposit
Account

5. Haul & Nisab Minimum Level
$ (Savings)
Muharram 1 Hijrah Year Zulhijjah
10 January 2009 1 January 2010

6. Step 1 Step 2 Step 3 Step 4 Step 5

7. Step 1
Langkah 1 Step 2 Step 3 Step 4 Step 5
Obtain nisab value
$ (Savings)
Obtain nisab value
1 Hijrah Year

8. Step 1
Langkah 1 Step 2 Step 3 Step 4 Step 5
Obtain nisab value
$ (Savings)
www.zakat.sg
1 Hijrah Year

9. Step 1 Step 2 Step 3 Step 4 Step 5
Obtain nisab value
$ (Savings)
Berita Harian
March 2010
Nisab
$4606
1 Hijrah Year

10. Step 1 Step 2 Step 3 Step 4 Step 5
Look at your savings account
$ (Savings)
Look at your savings
balances throughout
the year
1 Hijrah Year

11. Step 1 Step 2 Step 3 Step 4 Step 5
Look at your savings account
$ (Savings)
Deposit ($) Withdraw ($) Balance ($)
1 Hijrah Year

12. Step 1 Step 2 Step 3 Step 4 Step 5
Look at your balances
$ (Savings)
If your balances do not
drop below nisab level, you
are obligated for Zakat
1 Hijrah Year

13. Step 1 Step 2 Step 3 Step 4
Step 4 Step 5
Identify lowest balance
$ (Savings)
Lowest balance
throughout 1 Hijrah Year
1 Hijrah Year

14. Step 1 Step 2 Step 3 Step 4 Step 55
Step
Take lowest balance
$ (Savings)
Lowest balance
x 2.5%
= Zakat on Savings
1 Hijrah Year