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

Verily, with Hardship Comes Ease

01 July 2024

As we approach the sacred month of Muharram, we are reminded of the profound lessons of perseverance and sacrifice embedded in Islamic history.

This Muharram we invite you to support our campaign, “Verily, with Hardship Comes Ease.” Our campaign takes its name from Surah 94:5 of the Holy Quran. This verse underpins our mission to provide hope and comfort to orphaned children who have endured hardships and difficulties after losing one or both of their parents.

Our campaign is designed to bring comfort, support and relief to orphaned children and their families across Iraq, Afghanistan, and Ghana.

Why Muharram is a Time for Giving

Muharram holds a special place in the hearts of millions, marking the event of Karbala, where Imam Hussain (AS) and his family made the ultimate sacrifice.

Ashura is also a time that led many young children to become orphaned. As we remember the orphaned children from Imam Hussain’s (AS) family, we turn our attention to present-day orphaned children who are reeling from war, displacement and the loss of one or both parents.

Verily, with Hardship Comes Ease

Our campaign aims to harness the collective spirit of Muharram to provide essential aid to those in dire need. The funds raised during this period will help crucial support to families torn by loss and instability.

Your contributions work in two ways:

Provides immediate relief and urgent support.
Facilitates long-term rehabilitation and growth.

And you can help in two ways.

Private sponsorships

We are pleased to announce our private sponsorship provisions have been extended from Iraq to Afghanistan and Ghana.

A monthly sponsorship in Iraq and Afghanistan costs £60 and yearly £720.

A monthly sponsorship in Ghana costs £55 and yearly £660.

These sponsorships (per orphaned child) helps us fulfil their basic needs and can help facilitate access to:

Healthcare
Financial aid
Safe housing
Educational support
Psychological rehabilitation and more.

We assess an orphaned child and their family to determine their needs. This needs assessment is carried out every six months to ensure the aid provided is fit for purpose.

A reassessment may find that a child needs more, less or no aid at all–the latter thanks to your monthly contributions that pave a child’s way to self-sustainability.

As a result, every penny of the monthly stipend is used responsibly.

Learn More About Private Sponsorships.

The Orphaned Children’s Fund

We welcome every donation, big or small, recurring or one-off, to our Orphaned Children’s Fund.

When you donate to the Fund, you contribute to a pool of resources that offers versatile and immediate support to orphaned children and their families.

For illustrative purposes, here’s how your funds are used:

£60: Provides financial aid to a child for one month.
£100: Covers the urgent needs of an orphaned child, such as support for safe housing and medication for one month.
£150: Covers a widowed mother’s urgent needs, including medical and legal fees for one month.
£15 (recurring): Allows our global teams the flexibility to help support orphaned children or widowed mothers with general urgent support.

Learn more about the Orphaned Children’s Fund.

How You Can Get Involved

Joining our mission in Muharram is straightforward:

Consider a private sponsorship
Consider a recurring donation to the Orphaned Children’s Fund.
Download our app on Android or Apple to make donations effortless.
Share our social media content with your friends and followers.
Join our WhatsApp and Telegram communities.

As we observe the solemnity of Muharram, let us also embrace the opportunity to aid those in need. Through your support, we can continue to offer hope and practical help to orphaned children and widowed mothers.

Join us in making this Muharram a turning point for many – because verily, with hardship comes ease.