Individual Zakatable assets are your assets that are eligible and considered when calculating and paying Zakat.
Such types of assets include (but are not limited to) :
- Cash and Savings
Money you put in the bank accounts, cash you save in other places other than the bank, and any other liquid assets.
- Gold and Silver
The market value of gold and silver jewelry or coins you own.
- Business Assets
If you own a business, Zakat is calculated on the business’s net assets after deducting liabilities.
- Investments
This includes the current market value of stocks, bonds, and any other investment assets that you own.
- Real Estate
Zakat is not generally applicable to the house you live in, but if you own additional properties or real estate for investment purposes, the net value is considered before paying Zakat.
AWF provides Zakat Assessment, Collection and Distribution services in accordance with Qur’an and Sunnah.
Our value proposition includes:
1. Financial inclusion,
2. Empowerment,
3. Training on skills acquisition,
4. Training on simple bookkeeping,
5. Advisory services,
6. Records and statistics, and
7. Impact assessment.
Zakat Nisab: N4,976,000
(Source: National Moon Sighting Committee Nigeria ⇒ https://twitter.com/moonsightingng/status/1745794239504482546)
To learn more and donate, visit ⇒ https://www.almubarakwaqf.org/donate
Our Zakat Collection Account details are:
Name: Almubarak Waqf Foundation Zakat Collection Account
Account No.: 0693545025
Bank: Guaranty Trust Bank (GTBANK)
Follow our social media handles:
1. Twitter: https://www.twitter.com/almubarakwaqf
2. Facebook: https://www.facebook.com/almubarakwaqf
3. Instagram: https://www.Instagram.com/almubarakwaqf
4. Linkedin: https://www.linkedin.com/in/almubarakwaqf
Call: +2348032408980, +2348028585115
Or visit us at #19 Almubarak Waqf Foundation, Islamic Forum Building, Guda Abdullahi Road, Farm Center, Kano State
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