Detailed Zakat Information

Donate Now


In the case of trusts, whether family trusts or created under a will, Zakat is payable each year on the Zakat-able assets of the trust less allowable liabilities. Where a family trust is created solely for tax planning purposes, the Zakat is payable by the true donor – the person whose assets are transferred into the trust. In all other cases, the Zakat is payable by the beneficiaries of the trust in proportion to their respective shares.

To read more about detailed information on Zakat, click here…

Pin It on Pinterest

Share This