Nisab of Zakat deduction 2014 is fixed to 38,810 PKR

KARACHI ( 26th June, 2014). The Nisab of Zakat deduction is fixed to 38,810 PKR by State Bank of Pakistan today.

The State Bank of Pakistan on 26th June 2014 (Thursday) declared Nisab for the deduction of Zakat from business relationship at the start of Holy month of Ramazan 2014. According to SBP announced, Nisab has been fixed at Rs38,810. As per the law, 2.5 percent Zakat will be deducted on first of Ramazan from saving accounts having balance above the prescribed Zakat.