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# Guide to Zakat on Savings Calculation

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Learn how to calculate Zakat on Savings with this slideshow. You can also watch the video of this presentation at http://www.youtube.com/zakatsg

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### Guide to Zakat on Savings Calculation

1. 1. Zakat on Savings
2. 2. Zakat Zakat on Wealth Zakat Fitrah Zakat Zakat Zakaton Savings on Business on CPF Zakat Zakat Zakat on Insurance on Shares on Gold
3. 3. Zakaton Savings
4. 4. Zakat on Savings \$ \$ \$ \$ \$ \$ \$ Current Fixed Cash in Bank Cooperative Account hand Deposit Account
5. 5. Haul & Nisab Minimum Level\$ (Savings) Muharram 1 Hijrah Year Zulhijjah 10 January 2009 1 January 2010
6. 6. Step 1 Step 2 Step 3 Step 4 Step 5
7. 7. Step 1Langkah 1 Step 2 Step 3 Step 4 Step 5 Obtain nisab value \$ (Savings) Obtain nisab value 1 Hijrah Year
8. 8. Step 1Langkah 1 Step 2 Step 3 Step 4 Step 5 Obtain nisab value \$ (Savings) www.zakat.sg 1 Hijrah Year
9. 9. Step 1 Step 2 Step 3 Step 4 Step 5 Obtain nisab value\$ (Savings) Berita Harian March 2010 Nisab \$4606 1 Hijrah Year
10. 10. Step 1 Step 2 Step 3 Step 4 Step 5 Look at your savings account\$ (Savings) Look at your savings balances throughout the year 1 Hijrah Year
11. 11. Step 1 Step 2 Step 3 Step 4 Step 5 Look at your savings account\$ (Savings) Deposit (\$) Withdraw (\$) Balance (\$) 1 Hijrah Year
12. 12. Step 1 Step 2 Step 3 Step 4 Step 5 Look at your balances\$ (Savings) If your balances do not drop below nisab level, you are obligated for Zakat 1 Hijrah Year
13. 13. Step 1 Step 2 Step 3 Step 4 Step 4 Step 5 Identify lowest balance\$ (Savings) Lowest balance throughout 1 Hijrah Year 1 Hijrah Year
14. 14. Step 1 Step 2 Step 3 Step 4 Step 55 Step Take lowest balance\$ (Savings) Lowest balance x 2.5% = Zakat on Savings 1 Hijrah Year
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