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Khums Calculation

Surplus

Amount you own, in British Pounds ?
Calculated on your khum due date.
Equivalent amount, in British Pounds, of foreign currency you own ?
Calculated on your khum 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 utilising 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 utilised 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 utilised 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 utilised. 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 utilised 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 utilised. Calculate these according to their value at point of utilisation. 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 ?
Include 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 ?
Include 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. 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. 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. 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. 4) If sustenance debts are fully repaid in the financial year, this amount is excluded from the profits.
  5. 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

Inspiration this Eid al Adha

14 June 2022

This Eid al Adha, we take inspiration from Lady Hajar

The Hajj season is linked to Ibrahim (AS) and his story of submission. He demonstrated his devotion to Allah through his decision to sacrifice what he loves for the sake of his Creator. But the story of this sacrifice began long before, with his wife Lady Hajar.

The first test Hajar faced was when Ibrahim (AS) was commanded to leave her and her child in a land far away from their home. Ibrahim took Hajar and her child Isma’il to Mecca – the sacred site on which the Kaba would be built. But at the time, all Hajar could see was a scorching wasteland with no water and little shelter. ‘Then certainly Allah is sufficient for us. He will not abandon us,’ Hajar said when she realised this was Allah’s decree. With her baby’s life hanging in the balance, she put her trust in Allah and demonstrated a level of faith unimaginable for most mothers.

After Ibrahim (AS) left, Hajar searched desperately for water, running between mounts Safa and Marwa. This action has been immortalised as one of the rituals of Hajj and Umrah, called Sa’i -meaning to strive or pursue. Allah answered Hajar’s prayers and caused a spring to gush from the ground. This was the miracle of the spring of Zamzam, which still flows to quench the thirst of pilgrims to Mecca every year.

The power of a struggling mother’s prayer

The struggle and devotion of Hajar was so great, that Allah still blesses people with the miracle revealed in response to her prayers. And her memory still lives on in the worship of Muslims when they visit Mecca. Hajar’s story is an extreme example of the struggles many lone mothers and their children face today.

In Iraq, there are over 900,000 widowed mothers who face life’s struggles and the responsibility to provide for their orphaned children alone. Their resilience through life’s difficulties reflects some of the strength exhibited by Lady Hajar. This Eid al-Adha, as we remember the test and struggle of Lady Hajar, will you join us in supporting these widowed mothers?

How you can help

Eid is a time of celebration with family but for those who have lost loved and dear ones, it is a difficult reminder of their loss. This is especially so when their loss has led to stark changes in the way Eid looks like, as is the case for many families who lost their main provider. With your support, we can help make Eid look a little less different for the widowed mothers and their families, and bring back some of the colour this day had.

Many of us will be celebrating Eid with meat on the table, but for some widowed mothers and their children, this can be a luxury. You can help provide the families of widowed mothers with an Eid feast too. Book your Qurbani with Al-Ayn today: We will perform your Qurbani in Iraq, and distribute the meat to the families of widowed mothers who need it.

For more inspiration in these blessed days of Dhul Hijja, read our blog, ‘Qurbani lessons of Hope and Faith’.


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