Use our Zakat Calculator below to work out how much Zakat to pay. Find out if you have to pay Zakat, and how much the Nisab value is this year, with our comprehensive Zakat Guide.Zakat Calculator
Why pay Zakat to Imran Khan Cancer Appeal (IKCA)? Your Zakat helps us save lives. Without it, we wouldn’t be able to provide vital cancer care for the most destitute in Pakistan.
The people we support at Shaukat Khanum Hospital are too poor to meet their basic daily needs, let alone the high cost of cancer treatment. Scroll down to our Zakat Guide below to find out more about who is eligible for Zakat, Zakat Transparency at IKCA, and who we give your Zakat to.
Last year at Shaukat Khanum Hospital, we were able to provide free cancer treatment to 75% of our patients through Zakat funds. By giving your Zakat to Imran Khan Cancer Appeal (IKCA), you are helping us support needy cancer patients in Pakistan. What’s more, your Zakat can pay directly for the full or partial treatment of a cancer patient. Find Out More about healing a patient with your Zakat.
‘When I first started raising funds for the hospital in 1989, experts and critics were of the opinion that providing free treatment in a cancer hospital was not feasible in any part of the world. But in an Islamic country this does not hold true. Through the Islamic concept of Zakat, [we’ve shown how] indigent cancer patients can be supported.’ – Imran KhanPay Zakat Now
A pillar of Islam secondary to Prayer, paying Zakat (alms for the poor and needy) is obligatory on every Muslim of able means. The Arabic word ‘Zakat’ or ‘Zakah’ literally means ‘to cleanse’ or ‘that which purifies.’ So when you pay Zakat, you are cleansing your wealth.
Frequently asked questions about Zakat often include: How much is Nisab for Zakat in 2019? Who needs to pay Zakat? Who can receive Zakat? Do I have to pay Zakat on gold every year?…and so on. Our Zakat Guide will give you all the information you need about Zakat and what the Nisab is this year. To calculate Zakat, whether in gold, cash or other assets, scroll down to use our Zakat Calculator below.
The third pillar of Islam, Zakat is the obligatory giving of alms for the poor. It is an act of worship, not charity, and therefore benefits the giver more than the receiver.
In the Islamic faith, the function of Zakat is manifold: It is a means to purify one’s wealth. It is also a means of spiritual purification, allowing the giver to free themselves of greed and attachment to worldly possessions. And it is a sophisticated system which allows the fair distribution of surplus wealth in a bid to tackle poverty.
Zakat is mandatory to all Muslims whose wealth and/or savings are above a set minimum amount, known as ‘Nisab’. Once your savings reach Nisab (after accounting for yearly living costs/expenses), Zakat is the 2.5% that is due to the poor.
‘And those within whose wealth is a known right, for the petitioner and the poor.’ – Holy Qur’an 70: 24-25
Assets on which Zakat is payable include:
- Cash (in hand, in a bank account, or lent to others)
- Shares/investments that provide income
- Business Stocks
- Gold and silver (as jewellery and stocks)
Zakat is not payable on assets for personal use such as the home you live in or your car etc.
Nisab is determined through the current value of gold and silver (the preferred Nisab at this time is silver, because it maximises Zakat):
The Nisab value in Gold is 3 ounces / 87.48 grams or it’s cash equivalent.
The Nisab value in Silver is 21 ounces / 612.36 grams or it’s cash equivalent.
To calculate your Zakat contribution, you must know the accurate price of gold and/or silver today. Alternatively you can use our Zakat Calculator. Below is an example of how Zakat is calculated for gold and silver.
Gold: If the price of gold were £30 a gram, for example, the Nisab would be 30 x 87.48 = 2,624.40. So if you have £2,624.40 or more in wealth/savings you would be eligible to pay Zakat. The amount you’d have to pay is 2.5% of your total wealth (after expenses and provided you have had that amount for a full year.) The minimum Zakat payable as per these prices would be £65.61.
Silver: If the price of silver were £1 a gram, for example, the Nisab would be 1 x 612.36 = 612.36. So if you have £612.36 or more in wealth/savings you would be eligible to pay Zakat. The amount you’d have to pay is 2.5% of your total wealth (after expenses and provided you have had that amount for a full year.) The minimum Zakat payable as per these prices would be £15.31
NOTE: The above is a guide for calculating Zakat, and should not be taken as an up to date representation of gold/silver prices. To determine how much Zakat you should pay, PLEASE USE OUR ZAKAT CALCULATOR.
There are eight types of people to whom Zakat can be given:
- The poor (people who have no assets and means to earn a living)
- The needy (people who have no earnings or whose earnings don’t cover their basic needs)
- The wayfarer
- Those employed to administer Zakat funds
- Those whose hearts have been reconciled [to the truth/faith]
- Those in bondage
- Those in debt
- In the cause of Allah (swt)
At IKCA, we know the importance of giving Zakat and care about transparency, which is why we are very particular about the disbursement of Zakat funds. The Zakat we receive is utilized exclusively for providing direct patient care to poor patients.
‘Zakat expenditures are only for the poor and for the needy and for those employed to collect [Zakat] and for bringing hearts together [for Islam] and for freeing captives [or slaves] and for those in debt and for the cause of Allah and for the [stranded] traveler – an obligation [imposed] by Allah . And Allah is Knowing and Wise.’ – Holy Qur’an 9:60
Patients who do not qualify for Zakat, but who are still in need of financially supported treatment, are subsidized from our separate Donation Account. Our hospital expenses (including staff salaries), expansion projects, and equipment costs are met through revenue received from our hospital diagnostic services or from donations made specifically towards such needs.
Our commitment to transparency is recognised by the Ministry of Religious Affairs, Zakat and Ushr of the Government of Pakistan. Annually, the Ministry donates Rs.12 million from its Zakat Fund through SKMCH for the treatment of poor cancer patients. For this purpose, it has permanently deputed a representative who monitors Zakat distribution at the Hospital.
The people we support at Shaukat Khanum Hospital are too poor to meet their basic daily needs, let alone the high cost of cancer treatment. In the worst cases, some cannot even afford to take away their deceased for burial without financial aid.
‘They ask you, [O Muhammad], what they should spend. Say, “Whatever you spend of good is [to be] for parents and relatives and orphans and the needy and the traveler. And whatever you do of good – indeed, Allah is Knowing of it.”‘ -Holy Qur’an 2: 215
At Shaukat Kahnum Hospital, the system we have in place is thorough when determining the eligibility of patients for Zakat.
After a medical evaluation, patients diagnosed with cancer are registered for financially supported treatment. At this point, our Financial Support Services team will discuss the expected treatment costs with the patient. In turn, the patient will disclose details of their assets, dependents, and income sources to help our team ascertain his/her eligibility for financial support and the extent they require. Few patients, depending on their situation, are offered subsidised treatment, though most (over to 65%) receive treatment which is absolutely free.
SKMCH also have field investigators which allow us to verify the authenticity of information our staff is given. Qualifying patients are also asked whether they are eligible for Zakat in particular. If they are, we request that they obtain a signed and stamped referral letter from their local Zakat Authorities, verifying the patients eligibility for Zakat based on local information.
For patients who qualify for Zakat, treatment will be subsidised from the Zakat fund that is separately maintained at the Hospital.