Circulars/Notifications - Banking Policy & Regulations Department  
 BPRD Circular Letter No. 09 of 2019
May 03, 2019

The Presidents / Chief Executives
All Banks / DFIs / MFBs



Dear Sir / Madam


Deduction of Zakat at Source in Respect of Saving Banks/Profit & Loss
Sharing and Similar Bank Accounts (Asset Code No.101) and Deposit
Thereof Immediately after Deduction Date



We are enclosing a copy of the Notification No.CE-1001(36)/NISAB/1439-40/2019/226 dated May 3, 2019 issued by the Ministry of Religious Affairs and Interfaith Harmony, on the above subject for immediate necessary action. Accordingly, the Zakat shall be deducted as per instructions contained in the enclosed Notification.


Please acknowledge receipt.


Encl. As above


Yours truly,

Sd/-

(Syed Imran Ali)
Additional Director



       
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