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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

Making the Most of the Final Nights

04 May 2021

Here we are: about to enter the last precious nights of the month of Ramadhan. Nights which have an immense spiritual significance, where blessings await all of us, there for the asking.

To make the most of these nights, let us approach them with the importance they are due. In the same way we would approach a big personal life event, such as an important exam, career interview, a wedding, or the arrival of a new-born, take some time to prepare in advance for these big nights.

The Night of Power is “better than a thousand months” (97:3). This is our chance to compensate for our shortcomings and seize the multiple rewards in store for us. Together, let us make sure we end the month of Ramadhan on a high note. Whatever your planning style, whether you are a ’to-do’ list kind of person, or prefer to visualise in your head, here are some tips to consider in your preparation:

Create a space for worship and reflection at home

Lockdown restrictions mean we may be unable to spend these nights at the mosque in communal worship. But we can always bring the mosque to our homes by creating a dedicated space for worship.

Prepare for these special nights by making this dedicated space as inviting as you can: keep it warm and free from distractions, bring out your comfortable carpet, and maybe even light a scented candle. If you have children at home, get them involved in creative ways to design and set up this space. Think about how you can use this space to remind you of the significance of these nights, and keep you comfortable through them. Don’t forget to place an Al-Ayn Sadaqa Box in your corner too!

Plant a seed with Sadaqa Jariya

“Those who spend their wealth in the cause of Allah are as though they have planted a seed that sprouts into seven ears, each bearing one hundred grains. And Allah multiplies the reward even more to whoever He wills. For Allah is All-Bountiful, All-Knowing.” (2:261)

Giving Sadaqa at any time of the year is described as a seed that bears seven hundred grains. We can then only imagine the increased blessings and rewards of giving Sadaqa in the holy month of Ramadhan and on a night that equals a thousand months of favours.

But giving with Al-Ayn has another advantage—you can see the concrete life-changing impact of your Sadaqa Jariya on over 64,000 orphaned children in Iraq. Giving to these children provides them with a safe space to process severe trauma caused by decades of violence in the region. You can contribute to projects such as our Luminous Stars Centres which gift 15,034 orphaned children in Baghdad independence by giving them access to services including mental health support and vocational training.

Follow the footsteps of the Father of Orphans (a.s.)

During these special nights, we commemorate the martyrdom of Imam Ali (a.s.). Imam Ali spent his life caring for orphaned children as though they were his own, until he came to be known as the “Father of Orphans”.  In his last moments, he instructed the care of orphaned children in his will. He wrote to his eldest son, Imam al-Hasan: “Fear Allah in the matter of orphans. Do not allow them to starve and they should not be ruined in your presence.”

What better way to honour Imam Ali’s martyrdom than responding to his final call and sponsoring an orphaned child? With Al-Ayn, you can sponsor an orphaned child with £55 a month. This amount provides the child with comprehensive care, including basic needs like medical care, housing support and access to education and life skills training, so they can overcome their past and start building a bright future for themselves and their families.

Fulfil the duty of Zakat al-Fitra

Zakat al-Fitra is mandatory and must be paid on behalf of each child and adult in a household before Salatul Eid. Al-Ayn is authorised to collect Zakat al Fitra: you can pay this online or by placing the amount in our Sadaqa Boxes (another reason to keep our Sadaqa Boxes in view on these holy nights!).

According to the ruling of Al-Sayyed Al-Sistani, sponsors must pay the Zakat al-Fitra of the orphaned child they are sponsoring, which should be in proportion to the child’s sustenance costs. 

May Allah (swt) receive your ongoing efforts and inspire you and your families to continue serving orphaned children, this holy month and beyond.

Sweet moments are even sweeter…
…when we share them with those we love. Milestones that seemed so far away, have arrived today.
Minutes turn to hours…
…and like the blink of an eye
years pass by. 
Loss is often hard.
When moments once shared …become memories. 
But in that moment in time
when we remember
we can gift them,
by giving in their name.

‘Gift the dead Sadaqa’
Prophet Mohammed (SAWW)

Order your free Sadaqa Box today. Visit: www.alayn.co.uk/sadaqaboxes


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