Khums Calculation

Surplus

Amount you own, in British Pounds ?

Calculated on your khums due date.

Equivalent amount, in British Pounds, of foreign currency you own ?

Calculated on your khums due date.

Debts owed to you that you expect to be repaid ?

Do not include this if it was accounted for in previous financial years.

In-kind possessions not used for sustenance ?

This includes buildings, farms, factories, commodities, work tools, and any household items or possessions not used for sustenance. Calculate these at present value if they were acquired with surplus income on which a year has not elapsed, and at cost price if they were acquired with surplus income on which a year has elapsed. If acquired with a combination of income, then calculate these at present value in relation to what was acquired with surplus income on which a year has not elapsed, and at cost price in relation to what was acquired with surplus income on which a year has elapsed.

Financial dues ?

This includes the due of key premium (surqufliah), the due of utilizing agricultural lands owned by the state, and the due of revival of lands which are fenced and prepared for residency. Calculate these at present value if they were acquired with surplus income on which a year has not elapsed, and at cost price if they were acquired with surplus income on which a year has elapsed. If acquired with a combination of income, then calculate these at present value in relation to what was acquired with surplus income on which a year has not elapsed, and at cost price in relation to what was acquired with surplus income on which a year has elapsed.

Amount you utilized prior to your khums due date ?

This is cash which was subject to khums prior to your khums due date, and which you have already spent (e.g. If this is the first year you pay khums, despite having needed to pay khums in previous years)

Fungible items you utilized prior to your khums due date ?

These are fungible items which were subject to khums prior to your khums due date, and which you have already utilized. Calculate these according to present value. Fungible items are those which are freely exchangeable or replaceable, in whole or in part, for another item of a similar nature, such as machinery or factory-produced fabrics.

Non-fungible items you utilized prior to your khums due date ?

These are non-fungible items which were subject to khums prior to your khums due date, and which you have already utilized. Calculate these according to their value at point of utilization. Non–fungible items are unique items, such as unique paintings, monuments, and unique jewelry.

Amount you already paid with intention of Sahm Al-Imam ?

Amount you paid with the intention of Sahm Al-Imam before your khums due date.

Amount you already paid with intention of Sahm Al-Sada ?

Amount you paid with the intention of Sahm Al-Sada before your khums due date.

Deductions

Commercial debts ?

Include all commercial debts you still owe others.

Remaining sustenance debts taken in the financial year ?

Includes debts borrowed in the financial year for accommodation (mortgage), a car, etc. Please refer to more detailed rulings for accounting for mortgages.

Remaining sustenance debts taken in previous financial years ?

Includes debts borrowed in the previous financial year for accommodation (mortgage), a car, etc. The asset (house, car, etc.) must still be in your possession. Calculate only the amount that you have not deducted from your profits in previous financial years. Please refer to more detailed rulings for accounting for mortgages.

Amount you own which has already been subjected to khums ?

Calculated on your khums due date. Includes the remainder of funds that were subject to khums in previous years and on which you have already paid khums.

Notes

1) Your khums due date is the first day you started your job or business. If you are retired or not in employment, then you can agree a khums due date with a representative of the marja'a, or calculate separate khums years for each profit that you make, from the date you made that profit.
2) The khums of commercial commodities and real estate(s) which are intended for trading, should be paid in accordance with their current market value, even if they were bought with profits which a year has elapsed on, unless the price at which they were bought is higher than the current value.
3) If the calculations show that the amount of khums due is negative as a result of sustenance debts, then the amount of the sustenance debt equivalent to the amount of khums due for the rest of the item is calculated and excluded.
4) If sustenance debts are fully repaid in the financial year, this amount is excluded from the profits.
5) Possessions which are not subject to khums are:
1. a. Possessions owned through inheritance:
2. i. Cash
3. ii. Real Estate
4. iii. Objects that are transferrable and the like
5. b. Possessions owned by the wife from the dowry (mahr):
6. i. Cash
7. ii. Gold Jewellery
8. iii. Home furniture and the like
9. c. Possessions used for personal or family provisions from the profits of that financial year:
10. i. Home residence
11. ii. Home furniture and other household items
12. iii. Gardens used for leisure and to personally benefit from their fruit
13. iv. Personal or family cars
14. v. Animals that are benefited from by the household such as a cow for milk or a chicken for eggs
15. d. Debts owed by others that you do not expect to be repaid.
16. e. Items purchased through debt that has not yet been repaid.

Total amount subject to Khums £0

Khums Due £0

Sahm al Imam to be paid £0

Sahm al Sada to be paid £0

Email me Khums report

Bank Transfer

Donation Code

If you are making a donation via bank transfer, we ask that you use the relevant donation code from the list below as the reference, and add your Supporter ID to it if you have one. We can then allocate your donation accordingly.

To confirm the status of your bank transfer after making it, please click here.

Bank Details

Account Name: Al-Ayn Social Care Foundation

Account No: 20315753

Sort Code: 20-35-93

Bank Name: Barclays

IBAN: GB18 BUKB 2035 9320 3157 53

Swift Code: BUKBGB22

Bank Address: Barclays, Hammersmith Branch, 75 King Street, Hammersmith, London, W6 9HY, UK

USD Account IBAN: GB26 BARC 2035 9359 5714 44

EUR Account IBAN: GB85 BARC 2035 9356 3084 66

Orphaned Child Care Services:

General Donations for Orphaned Children (Iraq): GEN IRQ

General Donations for Orphaned Children (Afghanistan): GEN AFG

General Donations for Orphaned Children (Ghana): GEN GHA

Where Needed Most: WNM

Educational Support: EDU IRQ

Medical Care: AYN MED

Psychological Rehabilitation Support: AYN REH

Vocational Training Programmes: AYN TRA

Leisure Trips: AYN TRI

Housing Support (General): AYN HOU

House Refurbishment: AYN REF

Orphaned Children with Special Medical Needs: AYN SPE

Families of Victims of Terrorism: AYN VIC

Sadaqa Jariya (Continual Charity) – General: AYN CON

Building Vocational Training Centres: AYN VOC

Building Psychological Rehabilitation Centres: AYN PSY

Building Houses Complexes: AYN BUI

Hikayati Centre: AYN STO

School Packs: AYN SCH

Purchasing Toys: AYN TOY

Shipment of Toys: AYN SHI

Religious Dues:

Khums (Both Parts): AYN KHB

Khums (Sahm Al-Imam): AYN KHI

Khums (Sahm Al-Sada): AYN KHS

Zakat Al-Mal: AYN ZAK M

Zakat Al-Fitra: AYN ZAK F

Kaffara: AYN KAF

Fidya: AYN FID

Rad Al-Mathalem: AYN RAD

Other Services:

Afghanistan Fund: AYN AFG

Africa Fund: AYN AFR

Displaced Families: AYN DIS

Widowed Women Support: AYN WID

Ramadhan Parcels: AYN RAM

Thibeeha: AYN THI

Nither: AYN NIT

Qurbani (Udhiyya): AYN QUR

Aqeeqa: AYN AQE

General Work of the Foundation: AYN WOR

Governance Costs: AYN GOV

Fundraising Regulator

Al-Ayn Social Care Foundation is a registered member of the Fundraising Regulator.

Al-Ayn Social Care Foundation, Unit 5 Watling Gate, 297-303 Edgware Road, Colindale, NW9 6NB

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