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A digest of news and opinion from the Maldives.

Zakat

Ministry Increases Minimum Income for Zakat Al-Mal by 40 Percent

Ministry Increases Minimum Income for Zakat Al-Mal by 40 Percent

By Maldives Times 1 min read

The Ministry of Islamic Affairs has increased the minimum set amount of income or ‘Nisab’ that one must earn before having to pay Zakat Al-Mal. Nisab is considered the minimum amount that a Muslim must earn before they are obliged to pay zakat. From December 2019 to December 2020, the set Nisab amount for Zakat […]

Islamic ministry distributes zakat as registered number of poor rises

Islamic ministry distributes zakat as registered number of poor rises

By Maldives Times 2 min read

There has been an increase in the registered number of poor people in the Maldives, as the Islamic ministry Sunday began distributing zakat at a rate of MVR900 (US$59) per person. Zakat is an obligatory alms tax collected from the accumulated wealth of all able-bodied Muslims in the Maldives. This year’s zakat will be distributed […]