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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

Luminous Stars Centres

For the last 15 years, through people like you, Al-Ayn has built a
grassroots community that today serves and empowers over
60,000 orphaned children and their families

Today, 3 centres are open and serving thousands of orphaned children!

Donate Donate

Dignified and Comprehensive

Decades of war and instability have left communities devastated in Iraq. With the current crisis being yet another reminder of all that has been lost. For orphaned children in poverty, it is the hidden suffering that is often forgotten.

At Al-Ayn, we believe in dignified and comprehensive care for children and their widowed mothers. That means, alongside consistent monthly financial aid to lift over 60,000 orphaned children out of poverty, each child has access to safe shelter, food support, medical aid and more. During the past 15 years, the grassroots support across the globe has allowed Al-Ayn to reach many families in need. However, more services were needed to help rebuild shattered lives.

The support of people like you enabled Al-Ayn to build a pilot centre to address the urgent crisis aid workers were witnessing every day during visits to families. Through the first Luminous Stars Centre in Baghdad, over 1,700 mental health cases were registered. Intervention began to be provided to both the children and their widowed mothers through specialists in Iraq and internationally. We are most grateful for the generosity of people like you who believed in orphaned children and saved lives in crisis. Alongside mental health services, the centre including vocational training workshops that provided skills needed for orphaned youth and widowed mothers to become independent.

Although the pandemic has slowed down such services, many have already graduated, found employment and opened their own businesses, employing others!

 

Al-Ayn operates on a 0% admin fees basis

Serving Thousands

After the success of the first Luminous Stars Centre for Vocational Training and Mental Health Support, Al-Ayn began to build similar centres in locations across Iraq. Since then, the costs were covered for two more centres and construction of the Luminous Stars Centres in Dewaniya and Najaf have been completed. Today, 3 centres are open and serving thousands!

“For those living in an environment of constant fear, conflict, perpetual wars, and violence, these factors’ effect on mental health is immeasurable. As human beings, we are resilient and can deal with a lot of adversity. We manage, evolve, and cope with so much trauma. Yet, experience and research indicate that trauma that happens earlier in life can have serious consequences, carried into the future for years. In the immediate period after a traumatic event, it is possible to recognise signs of mental health disturbances which can continue to develop later in life if left untreated. Even if there are no immediate signs of mental health issues following a trauma, this doesn’t mean that it will not manifest later in life. Early damaging experiences can affect a person, particularly children, personality, development, and how they view the world around them. It is not easy to measure and assess this, but it can have severe consequences at the individuals, family, and society level.”

Prof Mohammed Al-Uzri
Consultant Psychiatrist

This Month of Ramadhan

This month of Ramadhan, join us and help build 12 more Luminous Stars Centres for Vocational Training and Mental Health Services in other provinces so that we can reach all those in need.

Inspired by the divine promise, your acts of generosity this month are ‘like a seed’ (Quran 2:261) that grows and multiplies. When you give Sadaqa Jariya, you are saving lives for years to come. You are helping orphaned children and youth emerge out of the darkness that they find themselves in.

Donate this Ramadhan and help better the lives of orphaned children, youth and widowed mothers.

Donate a £20 share 

Donate £450 per square metre*

Donate By Bank Transfer

Account Name: Al-Ayn Social Care Foundation

Account No: 20315753

Sort Code: 20-35-93

Reference: AYN CON

To confirm the status of your bank transfer after making it, please visit
www.alayn.co.uk/bankconfirmation

*Costs are indicative. Donations made towards the Luminous Stars Centres will be spent on building the various centres across Iraq. Any excess donations will go towards supporting other Sadaqa Jariya projects. For full terms and conditions, please call us: 0203 719 5221