Zakat is for the poor, and the needy and those who are employed to administer and collect it, and the new converts, and for those who are in

bondage, and in debt and service of the cause of Allah, and for the wayfarers, a duty ordained by

Allah, and Allah is the All-Knowing, the Wise.(Surah At-Tawba: Verse 60)

Muslimin Trust Fund Association

FAKIR

MISKIN

AMIL

MUALLAF

RIQAB

GHARIMIN

FISABILILLAH

IBNUSSABIL

One who has neither material possession nor means of livelihood and, one who suffers and has no means to sustain his/her daily needs

One with insufficient means of livelihood to meet his/her daily needs

One who is appointed to collect Zakat and who incurs expenses in the administration of Zakat

One who has recently embraced Islam

One who wants to free himself/herself from the bondage of slavery (In Singapore, it refers to one who requires financial assistance to pursue his/her education)

One who is in debt and needs assistance to meet his/her basic needs

One who strives in the cause of Allah for the betterment of the community

Stranded travellers on a permissible journey

Zakat

TYPES OF ZAKAT

ZAKAT ON WEALTH

Zakat on Savings

Zakat on Gold

Zakat on CPF

Zakat on Business

Zakat on Shares

Zakat on Insurance

ZAKAT FITRAH(Payable in Ramadham before Eid Prayers)

Fakir Miskin Riqab Amil

25% 25%

10%

40%

DISTRIBUTION BY ASNAF

Zakat is payable at the end of each Haul (1 Hijrah year or 355 days) if the assets reach the Nisab value (market value of 86 grams of gold) throughout the entire Haul.

ZAKAT ON SAVINGSLowest Balance within the Haul X 2.5%

ZAKAT ON GOLD Gold refers to gold bars or unused gold jewellery Market Value of Gold kept X 2.5%

ZAKAT ON CPF• If a person is living comfortably and has no difficulty in paying Zakat every year through savings or in arrears when CPF monies is withdrawn: * Amount in Ordinary Account X 2.5% * Medisave and Special Account not accountable for Zakat (incomplete possession)

• If a person still has financial commitments and will incur great hardship if he/she pays in arrears when CPF monies is withdrawn: Amount Received from CPF Savings at Point of Withdrawal X 2.5%

ZAKAT ON BUSINESS(Current Assets – Current Liabilities +/- Adjustments at Year End) X Percentage of Muslim Ownership Share X 2.5%

ZAKAT ON SHARESNo. of Shares X Market Value per unit of Share at the end of the Haul X 2.5%

ZAKAT ON INSURANCESurrender Value at the end of the Haul X 2.5%

BY CASH/NETS

Our Zakat Collection Centres:

DARUL IHSAN BOYS’ ORPHANAGE5 Mattar Road, Singapore 387713Tel: 6747 7556

DARUL IHSAN GIRLS’ ORPHANAGE23 Wan Tho Avenue, Singapore 347552Tel: 6285 2973

ONLINE

You can donate online through SG Gives via a link available at MTFA Website:

http://www.mtfa.org/index.php/donation/

Please indicate Zakat Payment (Zakat Type) under the ‘Dedication’ field

GIRO

For monthly GIRO contributions, you will need to divide the estimated Zakat payment that you are liable for at the end of the Haul over the 12-month period.

You may pay the difference as a lump sum by cash or cheque if the actual Zakat amount payable at the end of the Haul is more than the estimated amount.

Conversely, excess contribution can be carried forward as advance payment of Zakat for the following year or be intended as voluntary donation (Sadaqah).

A receipt will be issued at the end of the year for the total amount of Zakat paid.

Please download our GIRO form at MTFA Website:http://www.mtfa.org/index.php/donation/

Name :

NRIC :

Address :

Tel (Home) :

Tel (Mobile) :

Email :

Please indicate the type of Zakat

• Savings $

• Gold $

• CPF $

• Business $

• Shares $

• Insurance $

Cheque must be crossed and made payable to:MUSLIMIN TRUST FUND ASSOCIATION

Send your cheque to:MUSLIMIN TRUST FUND ASSOCIATION5 Mattar Road, Singapore 387713

BY CHEQUE

CALCULATION OF ZAKAT MODES OF PAYMENT

1. 3.

4.2.