Circulars

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

February 27, 2025
509

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/1445-46/2025-76 dated February 26, 2025 issued by the Ministry of Poverty Alleviation & Social Safety, Government of Pakistan, Islamabad, for necessary action and compliance regarding the subject.

Please acknowledge receipt

Enclosed:

Yours sincerely,

Syed Imran Ali
Additional Director