Zakat On Islamic Naya Pakistan Certificate (INPC)
The 2.5% Zakat mentioned above is on assets. The 5%, 10%, or 20% Zakat is on production. The rule about an asset being at one’s disposal is about when Zakat becomes payable. For an investment, Zakat is still due both on the value of an asset as well as any production (profits). Since it is not possible to reiterate all the details in response to every question, I shared a link to our Zakat FAQ which explains everything in detail. This particular thread is about Naya Pakistan. If you have general questions regarding Zakat please feel free to create a new post. We have also answered many questions regarding Zakat on Ask Ghamidi. You can browse them at: https://ask.ghamidi.org/forums/topic-tag/zakat/ The Naya Pakistan is an investment. Finally, you may enter appropriate numbers in our Zakat Calculator after reading the description for each box. When you reach the end, it will generate a statement showing you exactly what you owe after any applicable deductions, and what percentage was applied to each category. It’s also a great way to learn the sharia of zakat. View Zakat Calculator