Khums Calculation

Surplus

Amount you own, in US Dollars ?

Calculated on your khums due date.

Equivalent amount, in US Dollars, of foreign currency you own ?

Calculated on your khums due date.

Debts owed to you that you expect to be repaid ?

Do not include this if it was accounted for in previous financial years.

In-kind possessions not used for sustenance ?

This includes buildings, farms, factories, commodities, work tools, and any household items or possessions not used for sustenance. Calculate these at present value if they were acquired with surplus income on which a year has not elapsed, and at cost price if they were acquired with surplus income on which a year has elapsed. If acquired with a combination of income, then calculate these at present value in relation to what was acquired with surplus income on which a year has not elapsed, and at cost price in relation to what was acquired with surplus income on which a year has elapsed.

Financial dues ?

This includes the due of key premium (surqufliah), the due of utilizing agricultural lands owned by the state, and the due of revival of lands which are fenced and prepared for residency. Calculate these at present value if they were acquired with surplus income on which a year has not elapsed, and at cost price if they were acquired with surplus income on which a year has elapsed. If acquired with a combination of income, then calculate these at present value in relation to what was acquired with surplus income on which a year has not elapsed, and at cost price in relation to what was acquired with surplus income on which a year has elapsed.

Amount you utilized prior to your khums due date ?

This is cash which was subject to khums prior to your khums due date, and which you have already spent (e.g. If this is the first year you pay khums, despite having needed to pay khums in previous years)

Fungible items you utilized prior to your khums due date ?

These are fungible items which were subject to khums prior to your khums due date, and which you have already utilized. Calculate these according to present value. Fungible items are those which are freely exchangeable or replaceable, in whole or in part, for another item of a similar nature, such as machinery or factory-produced fabrics.

Non-fungible items you utilized prior to your khums due date ?

These are non-fungible items which were subject to khums prior to your khums due date, and which you have already utilized. Calculate these according to their value at point of utilization. Non–fungible items are unique items, such as unique paintings, monuments, and unique jewelry.

Amount you already paid with intention of Sahm Al-Imam ?

Amount you paid with the intention of Sahm Al-Imam before your khums due date.

Amount you already paid with intention of Sahm Al-Sada ?

Amount you paid with the intention of Sahm Al-Sada before your khums due date.

Deductions

Commercial debts ?

Include all commercial debts you still owe others.

Remaining sustenance debts taken in the financial year ?

Includes debts borrowed in the financial year for accommodation (mortgage), a car, etc. Please refer to more detailed rulings for accounting for mortgages.

Remaining sustenance debts taken in previous financial years ?

Includes debts borrowed in the previous financial year for accommodation (mortgage), a car, etc. The asset (house, car, etc.) must still be in your possession. Calculate only the amount that you have not deducted from your profits in previous financial years. Please refer to more detailed rulings for accounting for mortgages.

Amount you own which has already been subjected to khums ?

Calculated on your khums due date. Includes the remainder of funds that were subject to khums in previous years and on which you have already paid khums.

Notes

1) Your khums due date is the first day you started your job or business. If you are retired or not in employment, then you can agree a khums due date with a representative of the marja'a, or calculate separate khums years for each profit that you make, from the date you made that profit.
2) The khums of commercial commodities and real estate(s) which are intended for trading, should be paid in accordance with their current market value, even if they were bought with profits which a year has elapsed on, unless the price at which they were bought is higher than the current value.
3) If the calculations show that the amount of khums due is negative as a result of sustenance debts, then the amount of the sustenance debt equivalent to the amount of khums due for the rest of the item is calculated and excluded.
4) If sustenance debts are fully repaid in the financial year, this amount is excluded from the profits.
5) Possessions which are not subject to khums are:
1. a. Possessions owned through inheritance:
2. i. Cash
3. ii. Real Estate
4. iii. Objects that are transferrable and the like
5. b. Possessions owned by the wife from the dowry (mahr):
6. i. Cash
7. ii. Gold Jewellery
8. iii. Home furniture and the like
9. c. Possessions used for personal or family provisions from the profits of that financial year:
10. i. Home residence
11. ii. Home furniture and other household items
12. iii. Gardens used for leisure and to personally benefit from their fruit
13. iv. Personal or family cars
14. v. Animals that are benefited from by the household such as a cow for milk or a chicken for eggs
15. d. Debts owed by others that you do not expect to be repaid.
16. e. Items purchased through debt that has not yet been repaid.

Total amount subject to Khums $0

Khums Due $0

Sahm al Imam to be paid $0

Sahm al Sada to be paid $0

Email me Khums report

Embracing the Blessings of Ramadan

13 March 2025

Embracing the Blessings of Ramadan

Millions of Muslims around the world have embarked on a month filled with spiritual reflection, community bonding, and acts of kindness and solidarity. Ramadan is not just about fasting; it’s a time to strengthen our faith, cultivate our relationships, and embrace the blessings that this holy month brings.

The Essence of Ramadan

A man wrote a letter to Imam Askari (AS) asking him: “For what reason did Allah make fasting compulsory?” The Imam (AS) wrote in response: “God has made fasting compulsory so that the rich shall find the pain of hunger so they have a mercy upon the poor.” [Bihar al-Anwar Vol.96, p.339.]

The heart of Ramadan lies in the practice of fasting from dawn until sunset. This annual observance encourages self-discipline and self-reflection, allowing individuals to experience hunger and thirst as a means of nurturing empathy within themselves for those less fortunate. The act of fasting serves as a reminder of our shared humanity and the importance of gratitude for the blessings we often take for granted.

During this month, the atmosphere transforms into one of heightened spirituality. Mosques are filled with worshippers, families gather for iftar, and communities unite in prayers and charitable acts. People from all walks of life come together to celebrate this blessed month, creating a strong sense of camaraderie and belonging.

Spiritual Growth and Self-Reflection

“The month of Ramadhan in which the Qur’an is revealed.” (2:185)

Ramadan is a unique opportunity for spiritual growth. It encourages us to dedicate time to prayer, reading the Quran, and reflecting on our lives. The early morning hours of Suhoor provide a peaceful time to connect with God, while the evenings after Iftar are often filled with communal prayers and recitations. This increased focus on spirituality creates a renewed sense of peace and contentment, allowing us to reconnect with our purpose and values.

The month also serves as a time for self-improvement. Many use this period to set personal goals, whether it’s overcoming bad habits, increasing charitable giving, or enhancing their knowledge of the faith. The discipline gained through fasting can extend beyond Ramadan, encouraging individuals to maintain healthier lifestyles and cultivate positive behaviors long after the month has ended.

The Importance of Charity

One of the most significant aspects of Ramadan is the emphasis on charity and helping those in need. Muslims are encouraged to give generously during this month, as acts of kindness and generosity are believed to be very rewarding. This idea of giving not only benefits the recipients but also enriches the giver’s heart, creating a cycle of compassion and love. Donating to causes that support the less fortunate is a way to fulfill our moral obligation to aid others.

In particular, supporting orphaned children is a noble endeavor, as these children often face challenges and hardships that many of us cannot imagine. By contributing to their welfare, we are not only providing immediate relief but also investing in their future.

Sadaqa Jariya: A Lasting Impact

Sadaqa Jariya, or continuous charity, is a form of giving that provides ongoing benefits to others, even after the donor has passed away. This concept is incredibly powerful, as it highlights the importance of leaving a legacy of kindness. When we invest in projects that support orphaned children, we create opportunities for them to thrive, grow, and contribute positively to society.

At Al-Ayn, we are dedicated to supporting orphaned children in Iraq by providing them with essential resources, education, and a nurturing environment. Our work is made possible by the generosity of supporters who believe in the transformative power of giving.

This Ramadan, we invite you to join us in making a difference in the lives of these vulnerable children. Your contributions can help provide orphaned children with the resources and services they need to live with dignity and thrive.

A Call to Action

As we embrace the blessings of Ramadan, let us remember the importance of community, compassion, and charity. This month presents a unique opportunity to deepen our faith and make a positive impact on the lives of others. By practicing kindness and generosity, we can leave a legacy of hope for orphaned children in need, while reaping the rewards.

In this blessed month, consider giving Sadaqa Jariya to support our work for orphaned children in Iraq. Your donations can provide lasting benefits and help us continue our mission to uplift those in need.

To learn more about how you can contribute and make a difference, please visit www.al-ayn.org/ramadan