The Presidents/Chief Executives

All Banks/ DFIs / MFBs

Dear Sir/Madam,

DEDUCTION OF ZAKAT AT SOURCE IN RESPECT OF SAVING BANKS/PROFIT AND LOSS SHARING AND SIMILAR BANK ACCOUNTS (ASSETS CODE NO. 101) AND DEPOSIT THEREOF IMMEDIATELY AFTER DEDUCTION DATE

1. Please refer to BPRD Circular No. 16 dated July 9, 2013 regarding Bank Holiday.
2. We are enclosing herewith a copy of the Notification No. CE3 1001(36)/NISAB/1433-34/2013 dated July 5, 2013, issued by Ministry of Religious Affairs and Inter-Faith Harmony, on the above subject for immediate necessary action. Accordingly the Zakat shall be deducted as per instructions contained in the enclosed Notification.
3. Please acknowledge receipt.