WebMizan Institute. PO Box 116456. Carrollton, TX 75011. 2. Wire Transfer – Directly transfer money from your bank account and mention Sahm Imam, Sahm Sadaat or full Khums in the notes section. If you are interested in doing a wire transfer, please send an e-mail to [email protected] and we will provide you the account and routing number. 3. In Islam, khums refers to the required religious obligation of any Muslims to pay 20% 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, the [stranded] traveler, and the descendants of Islamic prophet Muhammad. In some jurisdictions, khums is paid on minerals extracted in regio…

What is khums in Islam? » The Zahra Trust

WebThe Two Shares Of Khums. According to the verse of khums, this Islamic tax is for: (1) Allah, (2) the Messenger of Allah, (3) the near relative of the Messenger, (4) the orphans, (5) … WebAfter calculating the items on which Khums should be paid, there are two ways to pay Khums: First way is to give one-fifth of the commodity itself. So for example, if you have 5 … sigmund freud and psychoanalysis definition

Khums - wikishia

WebKhums means ‘a fifth’ (or 20 per cent) in Arabic. It is the sixth of the Ten Obligatory Acts of Shi’a Islam. This tax is paid on any profit earned by Shi’a Muslims. WebAnswer: Both are obligatory; Khums is on the surplus to annual expenses. If your income exceeds the annual expenses of yourself and your family, Khums (20%) should be paid … WebSep 6, 2013 · How much khums should I pay? A: In the given case the money gained as a gift, through borrowing, or selling life necessary items is not subject to khums. Q 864: Some years ago I acquired a bank loan and deposited it in my account for one year. I could not make use of the loan, but I had to pay its monthly installments. sigmund freud and martha bernays