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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

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Source of inspiration and hope

This year, I met a group of children in Najaf. Hussain had come with his friend and neighbour Abbas. I initially had mistaken them for siblings by the way they looked out for each other from the moment they arrived.

Where one would go, the other would follow. They would laugh together, play together and when the other children sat down on the lunch table, Hussain and Abbas sat together but, on the floor.

As the lunch break began, I noticed the two friends were playing a game with their untouched lunch nearby. I asked Hussain and Abbas why they were not eating. They both said they were not hungry. It had been a few hours since they had arrived. Yet the two friends insisted they were happy to play and that I could join them if I would like. So I did! They taught me how to play and were encouraging me as a struggled with the game. They even turned a blind eye when I would lose so that I could have another go. I couldn’t believe they were so young, yet so caring.

Before I could leave them to it, I encouraged them to eat one last time by describing the food. Hussain said yes we are very thankful. We cannot wait to try it with our families when we get home. We don’t want them to miss out.

Maintaining a steady voice, I told them we have some leftover food packs, so if they would like, they could have theirs now, and take some home too. Within moments they were tucking into their meal. At such a young age, they were thinking of making their family happy before themselves.

Although at Al-Ayn, we witness terrible realities and deep suffering due to loss and poverty, children like Hussain and Abbas are a source of inspiration and hope. They are currently sponsored through Al-Ayn. Both children also live in new homes provided by Al-Ayn due to the uninhabitable conditions they previously lived in. They are two of 68,715 children currently sponsored. This Muharram you can sponsor a child like them and lift them out of poverty.

Al-Ayn Team Member

Why Not Sponsor Children like Hussain & Abbas?

We believe that when you give children the tools they need to achieve their potential, the possibilities are endless. The monthly financial support received by each eligible child is life changing. With a minimum of £55 per month, the basic needs of the child can be looked after and they are brought above the poverty line. Orphaned children, just like any other children, deserve to be given a chance. A chance to grow, a chance to discover, a chance to believe in the limitless possibilities their future can hold. 100% of your donations and sponsorship payments reach our orphaned children. We don’t deduct admin fees.