11-21-2003, 02:17 PM
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Hey bowman,
let me correct you, two years back, It was mandatory to deduct the Zakat on Dividends etc. for every one except the Ehle Tashee, but now it is optional, if you belong whatever sect, if u submit a declaration that "Zakat should not be deducted on the my payment" then the payer cannot deduct the zakat, he will just deduct income tax as per rules.
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SMR, true about that optional thing, but I was not talking about the Zakat deduction system as regularised through Zakat and Ushr ordinance in Pakistan. I am against this system when the state forcefully deducts zakat from bank accounts (no matter zakat is payable or not) and the usage of those zakat funds in not accounted for. As far as i believe, the zakat so collected in this manner seldom used for its intended purpose.
In Islam, zakat is payable by every person who is Sahib-e-Nisab, no matter what fiqah he follows.
Hey bowman,
let me correct you, two years back, It was mandatory to deduct the Zakat on Dividends etc. for every one except the Ehle Tashee, but now it is optional, if you belong whatever sect, if u submit a declaration that "Zakat should not be deducted on the my payment" then the payer cannot deduct the zakat, he will just deduct income tax as per rules.
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
SMR, true about that optional thing, but I was not talking about the Zakat deduction system as regularised through Zakat and Ushr ordinance in Pakistan. I am against this system when the state forcefully deducts zakat from bank accounts (no matter zakat is payable or not) and the usage of those zakat funds in not accounted for. As far as i believe, the zakat so collected in this manner seldom used for its intended purpose.
In Islam, zakat is payable by every person who is Sahib-e-Nisab, no matter what fiqah he follows.
