Home Zakat Information 13.6 Other assets exempt from Zakat
13.6. Other assets exempt from Zakat
AddThis Social Bookmark Button

 

The following assets, unless acquired with the clear intention to resell, are exempt from Zakat: plant and machinery, goodwill, copyright, patent, trademarks and licenses, vacant land, land and buildings or improved property, residential dwelling, diamonds, rubies, and other precious metals (excluding gold and silver), furniture, fittings and household effects, paintings of value, carpets of value, motor vehicles and trucks of all classes, stamp and coin collection of value, fixtures and fittings of all kinds, equipment of all classes, books of value, time share unit.

 

<<Prev
13.5 Deposits and Pledges
Next>>
14.0 How should I Calculate Zakat

 

 

Sitara-e-Isaar Awarded to Hidaya Foundation

The sister organization of Hidaya Trust, Hidaya Foundation was awarded Sitara-i-Eisaar (Star of Sacrifice) by the Government of Pakistan, in recognition of the results-oriented relief efforts of both the organizations during the 2005 earthquake in Pakistan. It was awarded during a special ceremony held at the Embassy of Pakistan in Washington, DC.

In Keeping with our commitment to the communities in which Hidaya Trust operates, it hires its work force as an equal opportunity employer.  It means that employment decisions are based on merit and business needs and not on race, color, status in the society, ancestry, sex, age, religion, creed and marital status.