Pakistan has notified PKR 179,689 Minimum "Nisab of Zakat” for Zakat Year 1445-46 AH (2025).
Pakistan’s Ministry of Poverty Alleviation and Social Safety issued a letter on Wednesday to all banks and financial institutions regarding the "deduction of Zakat at source in respect of saving banks or profit and loss sharing and similar bank accounts and deposit thereof immediately after deduction date”.
No deduction of Zakat at source shall be made, in case the amount standing to the credit of an account in respect of the assets mentioned in column 2 of Serial No.1 of the first schedule of Zakat and Ushr Ordinance, 1980, is less than PKR 179,689 on the first day of Ramadan, the letter added.
The first day of Ramadan has already been notified as the deduction date likely to fall on March 1 or 2 (subject to appearance of the moon) for deduction of Zakat from saving bank accounts, profit and loss sharing accounts and other similar accounts having credit balance of PKR 179,689.
All the Zakat Collection & Controlling Agencies (ZCCAs) are requested to deduct the Zakat accordingly, the letter added.