The government has set the Nisab for Zakat for the year 1445-46 A.H at Rs179,689, which will be deducted from savings bank accounts, profit and loss sharing accounts, and other similar accounts. The “deduction date” is anticipated to be on March 1 or 2, depending on the moon sighting.
In this context, the Ministry of Poverty Alleviation and Social Security issued a notification on February 26, 2025, to the State Bank of Pakistan (SBP) and Zakat Collection Controlling Agencies. According to this notification, the Administrator General Zakat has established the “Nisab of Zakat” for the Zakat year 1445-46 A.H at Rs179,689.
No Zakat deduction will be made at the source if the amount in an account, as specified in column 2 of Serial No. 1 of the first schedule of the Zakat and Ushr Ordinance, 1980, is less than Rs179,689 on the first day of Ramzan-ul-Mubarak, 1446 A.H.
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The first day of Ramzan-ul-Mubarak has been notified as the “deduction date,” likely falling on March 1st or 2nd, 2025 (subject to the moon sighting), for Zakat deduction from savings bank accounts, profit and loss sharing accounts, and other similar accounts with a credit balance of Rs179,689.