Zakat Deduction on Bank Accounts for Ramadan 2025 Announced

The Zakat Nisab for 2025, which details the deduction threshold for bank accounts, was issued by the Ministry of Poverty Alleviation and Social Safety.

The new regulations state that Zakat will be deducted from accounts with a balance of Rs179,689 or more on the first day of Ramadan, which falls on March 1 or 2, 2025. While current accounts will be exempted, Zakat will be deducted from savings accounts and other similar accounts.

Accounts with a balance lower than Rs179,689 on the first day of Ramadan will not be subject to Zakat deduction.

Read More: Ramadan Incoming: 5 tips to Boost your Wellbeing and Energy Levels while Fasting

Earlier, Dr. Raghib Hussain Naeemi, the chairman of the Islamic Ideological Council, had already declared the rules for this year’s Fitrana (almsgiving) and Roza Fidya (compensation for missed fasting).

According to the council’s recommendations, a minimum of Rs220 per person should be paid as Fitrana based on wheat, while those opting for other forms of food products like dates, raisins, or dried apricots will be required to pay varying amounts.

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