* * * What Is Khums?
Khums is an Islamic tax, paid at the rate of one-fifth or 20 percent of annual saving or surplus of income. The saving or surplus amount can be determined by subtracting yearly eligible expenses from annual income. According to The Holy Qur’an, every adult Muslim, man or woman, rich or poor, student or scholar, is obligated to pay Khums, see Chapter 8, Verse 41: ‘’ And know ye (O’ believers ) that whatever a thing ye acquire a fifth of it is for God, and for the Apostle, and for the ( Apostle’s ) near relatives and the orphans and the needy and the wayfarer, if ye believe in God and that which We sent down unto Our servant ( Muhammad ), on the day of distinction, on the day when met the two parties; And verily God hath power over all things” 8:41 * * * * * * * * * * * *Khums is obligatory on the following seven things: * *(i)Profit or gain from earning. (ii)Minerals. (iii)Treasure trove. (iv)Amalgamation of Halal wealth with Haraam. (v)Gems obtained from the sea diving. (vi)Spoils of war. (vii)As commonly held, a land which a zimmi (a non-Muslim living under the protection of Islamic Government) purchases from a Muslim. * * * * * *It is obligatory to pay Zakat on the following things:* * * * * *(i)Wheat (ii)Barley (iii)Dates (iv)Raisins (v)Gold (vi)Silver (vii)Camel (viii)Cow (ix)Sheep ( including goat) (x)As an obligatory precaution, upon the wealth in business And if a person is the owner of any of these ten things he should, in accordance with the conditions which will be mentioned later. put their fixed quantity to one of the uses as prescribed. On the basis of obligatory precaution, Zakat should be paid on Sult, which is a soft, grain like wheat with the property of barley and on 'alas which is like wheat, and is the food of the people of San'a (Yemen).* -- * فبای الاء ربکما تکذبن.* * * -- You received this message because you are subscribed to the Google Groups "shiagroup" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/shiagroup?hl=en.
