Every Ramadhan, the most common topic and a topic that always made us feel uncertain about it - Zakat.
Muslims know the benefit of paying Zakat and the importance to pay
when it's due but, there are always the same questions asked every year.
- Does my child's account need to pay zakat?
- Does my property, which is not used for Business Purposes, need to pay Zakat?
- How about my car, stamp, and coin collection of value, do I need to pay zakat
for that?
- How do I calculate it if I have many bank accounts and investment accounts?
- & many more......
Before Ramadhan kicks in this year, let us revisit our understanding of Zakat matters and
build our confidence by recap-ing the calculations!
Topics that will be discussed on that day:
1. Zakat on Savings – How is it treated for Personal, Single, Multiple, or even Joint Accounts?
2. Zakat on Gold – Gold prices keep fluctuating this year, do I still pay Zakat on gold jewelry and investments?
3. Zakat on Shares – Mutual Funds and Stocks – an investor point of view.
4. Zakat on Insurance – When treated for savings vehicle purposes
Throughout the course, you'll have opportunities to engage with our instructors and other students through interactive discussions and practical exercises. Our aim is to make the subject matter accessible and engaging, so you can deepen your understanding of Zakat and its significance in your life.
By the end of the course, you'll be equipped with the knowledge and skills necessary to fulfil your Zakat obligations with confidence and purpose. You'll have a deeper understanding of the importance of this act of giving and its role in our faith, and you'll be able to apply these principles to your own life.
Don't let confusion or uncertainty hold you back from fulfilling one of the most important aspects of Islam. Join us for this comprehensive Zakat course and take the first step towards a deeper, more fulfilling relationship with God.
