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

This Ramadan Let’s Empower Orphaned Children

31 March 2022

Muhammad (PBUH), Isa (AS), Musa (AS), and Ibrahim (AS) – what did these great messengers have in common?

They were all orphaned at birth or at a young age. Despite their difficult start in life, they went on to better humanity, deliver people out of darkness, and change the world. They healed and united broken communities.

The Prophet (PBUH) said, ‘The one who cares for an orphan and myself will be together in Paradise like this’, and he (PBUH) held his two fingers together to illustrate.[1]

At Al-Ayn, we believe in the immense potential of orphaned children. We believe that orphaned children, when provided with the right support, can overcome their tragic past with a unique resilience that holds the power to change communities. This is especially needed in Iraq following decades of instability: a new empowered generation, emerging strong from their personal tragedies and bringing positive changes to their communities.

The stories of some of the orphaned children in Iraq continuously inspire us. Our sponsored children have gone on to pursue degrees in medicine (1), open their own businesses (2), and become contributing members of their communities. Every day we are humbled by the perseverance and resolve of the orphaned children. But we are also acutely aware of the impact their tragic circumstances can have on them, and we recognise the importance of providing them with essential support to help them process their trauma in order to begin realising their potential.

This Ramadan, your support for an orphaned child is an investment in the leaders of the future. Your Sadaqa, Khums and Zakat can sow seeds for real change. Here are some of the ways:

Mental health support

Losing a parent at a young age can have a real impact on a child’s mental wellbeing. This is often compounded by the difficult circumstances surrounding an orphaned child’s life as a result of losing a parent. Al-Ayn ensures orphaned children and their families receive monthly financial aid to lift them out of poverty. But Al-Ayn’s care is comprehensive and extends beyond this monthly financial aid – we recognise the importance of mental health and want to ensure orphaned children are appropriately supported to overcome any mental health care challenges.

The Prophet (PBHU) said, “Whenever an orphaned child cries on earth, the Almighty says to the angels, ‘I will use you as witnesses that I will please in paradise whoever pleases this child.’”[2]

Al-Ayn’s Luminous Stars centres across Iraq provide orphaned children with essential mental health care support through its psychological rehabilitation programme delivered by experts in the field. This mental health care programme goes hand in hand with the centres’ medical care and vocational training services. The services provided by the centres demonstrates Al-Ayn’s ethos of comprehensive care – in order to truly empower orphaned children and train them with practical skills for the next stage in their life, we want to address their physical and mental wellbeing. To date, many of our graduates have overcome their mental health barriers, and with the skills they have gained at the Luminous Stars workshops, have gone on to begin their own successful ventures.

The Luminous Stars centres are currently operational in Baghdad, Dewaniya and Najaf. We want to provide the same opportunities to orphaned children across Iraq. We’re building 12 more Luminous Stars centres – through your donations this Ramadan, you can be part of this and reap the rewards of your Sadaqa Jariya in this life and the hereafter.

Give Sadaqa

Monthly sponsorship

Just £55 a month. That’s how much it costs to bring an orphaned child over the poverty line. Al-Ayn operates a comprehensive care system for orphaned children, which involves monitoring their progress regularly to identify any individual needs. The £55 provided on a monthly basis covers all their basic needs: financial aid (through a small stipend), access to medical care, mental health rehabilitation, tuition, and housing support.

This Ramadan, consider sponsoring an orphaned child in Iraq. £55 a month can bring about real change in the everyday life of an orphaned child and provide them with hope for a brighter future despite their difficult circumstances. You can also contribute to our Orphaned Children Fund if you cannot pay £55 a month.

Give Khums Find Out More About Luminous Stars Pay Your Fidya and Kaffara

Al-Ayn is grateful for the opportunity to enable our supporters to serve orphaned children in this holy month. This Ramadan, thank you for joining us in their service.

[1] Mishkat Al-Anwar fi Ghurar il-Akhbar, Hadith 892

[2] Mishkat Al-Anwar fi Ghurar il-Akhbar, Hadith 893

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Khums Calculation

This Ramadan Let’s Empower Orphaned Children

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