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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

Five ways to gift orphaned children this Ramadhan

28 March 2021

Our favourite month is here. The month of reflection and prayer, of cutting down on distractions, and focusing on our spirituality.

It is said in a well-known Hadith that: “(Ramadhan) is the month of patience; the reward of which is Paradise, and the month of sharing (of blessings with others). It is a month in which the sustenance of the believer is increased.” – Prophet Muhammad (SAWW)

In Ramadhan, our rewards are multiplied (2:261 – Holy Quran). Our sins, more easily forgiven. It is a month of worship, but also a month where we come together as a community. Last year’s Ramadhan was a unique one that stripped us off our mosque visits, communal worship, and iftar gatherings. Some were able to adjust – through Zoom iftars, virtual collective prayers, and more – because we all recognised the importance of preserving the community spirit. So as we prepare to face another Ramadhan where we creatively look to keep up the community spirit, what better time to reach out to orphaned children? They are the faction of the community that Allah (swt) has entrusted in our care, and reminded us (twenty two times in the Quran!) to never forget.

Here are five ways you can remember orphaned children this Ramadhan:

1. Shine A Light On Mental Health.

Give the gift of light to an orphaned child or widowed mother struggling in darkness.
The children of Iraq became acquainted with grief, war, and poverty at a very early age.
Heavy trauma leaves deep marks on every child’s psyche. At Al-Ayn, our comprehensive care means taking care of orphaned children’s mental health, to help them work through their difficult reality and move forward again in life.

Give Sadaqa Jariya towards our Luminous Star Centre Project that already provides 15,034 children and their widowed mothers in Baghdad withaccess to lifesaving mental health support and vocational training facilities. Together, we can build 12 more centres across Iraq, so many more lives can be bettered from the blessings of these centres.

2. Reap Immediate Rewards With Sadaqa Maqbootha (Received Sadaqa).

In his authority and general guardianship over orphaned children, Al-Sayyid Al-Sistani has considered the act of donating in our Sadaqa Boxes to be a transfer of ownership to him, on behalf of the orphaned children. This means your Sadaqa is automatically received, and the rewards associated with Sadaqa are immediate.
But more importantly, it means every penny you put into your Sadaqa Boxes will end up improving the life of an orphaned child through our comprehensive care programme, whether that means new school books, a repaired window at home, or mental health support to help them approach life more positively.

3. Sponsor A Child In The Month Of Allah (swt).

At the moment, 2,965 orphaned children are waiting for a sponsor with Al-Ayn. Can you give them the gift of a sponsorship this Ramadhan?

Sponsoring a child with us costs £55 a month. For a child, this means the world. They will not only receive vital care in the form of nutritious meals, new clothes, and medical aid, but also long-term psychological support and access to educational facilities for all ages, so they are better equipped to live a life with dignity and hope.
What a perfect way to show our love for Him in the month of Ramadhan:
“He who sponsors an orphan, and takes care of his sustenance, then he and I will be like these two in Paradise” – he then joined his middle and index fingers. Prophet Muhammed (saww)

4. Give Khums And Zakat.

Both Khums and Zakat have the immense power to change inequality in any society, balancing out the levels of poverty in the world. 
Be mindful—Khums is obligatory. Every Muslim has a duty to pay one fifth (20%) of their annual profit or surplus income towards a charitable cause.

Calculate Khums

Pay My Khums Today

Zakat is payable on different categories of wealth after it reaches a minimum threshold, called Nisab. Because there are different jurisprudential opinions on how Zakat is calculated, we encourage you to either speak to your local scholar or contact us today.

If you already know how much Zakat you owe, you can pay it directly here.

5. Feed An Orphaned Child With Fidya And Kaffara.

Over a million children in Iraq experience hunger due to years of violence, political instability, and poverty. Give them the gift of food.
The pangs of hunger during Ramadhan days teach us a greater lesson than just restraint. It’s an important reminder of how many people live all year round—with a rumbling stomach and barely one meal a day.
Remember that Al-Ayn is authorised to collect Fidya and Kaffara for orphaned children. So whether you have delayed an obligatory recompensation of the Ramadhan fast, or not fasted due to a valid reason, you can pay the £1 per day Fidya here.

If you have deliberately broken a fast without a valid reason, you can also pay the £60 per day . Kaffara here. (for feeding 60 poor people)

Find out more about our month of Ramadhan campaign.

——–

Leave A Legacy

Over Ramadhan, we reflect on the Hereafter and are reminded that we will not be around forever. It’s a good time to think about the kind of legacy we want to leave. We have developed a free guide to help you make sure your inheritance is distributed in line with the Islamic requirements. Request your free booklet to find out how today.


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