This year Administrator General Zakat has notified the “Nisab of Zakat” for the Zakat Year 1445-46 A.H at Rs. 179,689 (Rupees One Hundred Seventy-Nine Thousand Six Hundred Eighty-Nine only).
The central bank, while referring to the instructions of the Ministry of Poverty Alleviation and Social Safety, on Friday circulated that all banks, Development finance Institutes (DFIs), and Microfinance Banks (MFBs) shall remain closed for public dealing on Monday, March 3, 2025.
All employees of the banks, DFIs, and MFBs, however, will attend the office on Bank Holiday treating it as a normal working day (except for public dealing), a circular letter issued by the Banking Policy and Regulations Department (BPRD) reads.
The deduction of Zakat from Saving Bank Accounts, Profit and Loss Sharing (PLS) Accounts, and other similar Accounts having a credit balance of Rs179,689 will be made on the first day of Ramzan-ul-Mubarak, 1446 A.H. that has already been notified as the Deduction date.
No deduction of Zakat at source shall be made in case the amount standing to the credit of an account is less than the specified limit.
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