Khums

In Islam, khums (Arabic: خُمْس‎ Arabic pronunciation: [xums], literally 'one fifth') refers to the required religious obligation of any Muslims to pay one-fifth of their acquired wealth from certain sources toward specified causes. It is treated differently in Shia and Sunni Islam. This tax is paid to the imam, caliph or sultan, representing the state of Islam, for distribution between the orphans, the needy, and the [stranded] traveler.In Sunni Islam tradition, the scope of khums tax has been ghanim, which is defined as the spoils of war.

198186

Khums . Investment

I have invested in multiple funds and I can see the progress of my investments on the trading platform. But at that point, this is not really money in my hands, it is just the perceived gain or loss. How do I pay Khums on any such unrealized gain?

Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 1 week ago

You need to take the value of your investment on the date of your Khums as your ownership.

Wassalam.

197362

Investment . Gold . Khums

Is investing in gold Exchange-Traded Funds (ETFs) allowed? Additionally, how should Khums be calculated on this investment, especially considering asset value fluctuations that could lead to an unrealized profit or loss in subsequent years?

Investing in gold exchange is permissible if it does not involve any type of unlawful transaction like usury etc. Khums's must be calculated according to the price on the day of your date of Khums.
'Wassalam.

197102

Khums . Money . Loan

As a student with 50,000 rupees in savings, of which 35,000 is loaned out and uncertain to be repaid soon, I want to understand if I am required to pay Khums only on the remaining 15,000 rupees or also on the loaned amount?

Loaned amounts do not belong to you as you has borrowed it from others, so, Khums is not obligatory on you for any amount which is not owned by you. Whatever you own on your date of Khums is to be calculated by you in your Khums.

Wassalam.

197095

Khums

Can I pay £100 in Khums each month instead of a lump sum? Then, on 31 December, if my total Khums for the year amounts to £1500, can I simply pay the remaining £300? Is this practice permissible?

If you want to pay parts of your Khums before the date of your yearly Khums, you can do so whenever you want, then pay the rest of your Khums on your Khums date. If your Khums date has already come, and you want to pay it in instalments, you need a permission from your Marje' of Taqleed to do so.

Wassalam.

194661

Father . Government . Khums . Employment

My father, a retired government employee in India, received 4 million INR upon retirement made up of 2 million as gratuity, 1 million from the provident fund, and 1 million for unused leave. What portion of this is subject to Khums?

Every saving which is owned for one year or more must be calculated for Khums. If the whole amount which he received on retirement was his right since one year more, then Khums is obligatory on the whole amount. If any portion of it was owned by him before less than one year, then no Khums on that portion until it completes one year in his own ownership or when his date of yearly Khums comes.

Wassalam.

193560

Income . Haram . Halal . Khums . Oppression

In Western countries, companies serve both oppressors and others. What is the ruling on the income generated from these companies? Can it be considered Halal by paying Khums, given that not all customers are oppressors?

Companies with mixed income (Lawful and unlawful income) should not be involved in killing or supporting killers of innocents or dealing with alcohol, pork, gambling etc. Working in such mixed income companies then is considered lawful.

Wassalam.

190895

Wife . Khums . Zakat . Money

Can my wife contribute Khums and Zakat on behalf of both of us if our funds are combined in a joint account?

Khums and Sakat are obligatory on the owner himself / herself. Your are responsible to pay your Khums and Zakat from your own wealth. If you and your spouse have joined ownership, then both should agree that any of them to pay their dues. Both should have the intention (Niyyah) of paying their dues religious due for the sake of Allah (SWT).

Wassalam.

191300

Father . Death . Insurance . Khums . Inheritance

We are three brothers, and only one of us is married and earning. After our father's death, the department he worked for gave us insurance money. Is Khums applicable on this insurance money?

The a mount received fron the insurance of your late father belongs to all the inheritors of your late father according to their shares of inheritance in Sharia. You don't need to give Khums from your share because it was been received as inheritance from your father.

Wassalam.

190894

Woman . Khums . Zakat . Menstruation (Haidh)

Is it permissible for a woman to donate Khums or Zakat during her menstrual period?

Khums and Zakat must be given on its time even if she is in her menstrual period.

Wassalam.

190210

Khums

If I had savings of 10,000 last year and paid Khums of 2,000, do I need to pay Khums again this year on the remaining 8,000, resulting in a payment of 1,600?

The amount of £8000 is clear from Khums and does not need to be calculated in any future Khums calculation. Any amount out of which Khums was paid remains exempted from Khums in the future.

Wassalam.

190212

Khums

Where can I send the first half of my Khums if there is no Shia Ahlul Bayt representative in my country? Is it permissible to send the second half to places like Palestine or Lebanon?

Half of the Khums is called Sahm Sadat (The share of needy Sadat). It must be given to needy Sadat who are following Ahlul Bayt (AS) and practicing religious rules. The other half of Khums is called Sahm Imam ( The share of Imam) must be given to the Marje' of Taqleed or his authorised deputies or according to his permission.

You can can send it to the office of Marje' Taqleed in Lebanon or any other authorised deputy who will make it reach to the deserving families in Palestine and Lebanon.

Wassalam.

188563

Money . Khums . Employment

I have been working for several years and am unsure how much I saved annually or how to calculate my Khums since I haven't paid it before. What steps should I take to determine my Khums amount and identify my Khums due date?

You need to estimate your savings for the previous years and calculate how much you own now. All what you own since one year of more is applicable for Khums which 20%.

'Wassalam.