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

Top 5 Reasons to Use Your Employer’s Matching Gift Program

23 November 2024

Donating to charity is one of the most meaningful ways to make a difference in the world.

Your generosity helps change lives, but did you know your donation could go twice as far—without costing you anything extra? This would be through an initiative called the matching gifts program.

Many employers offer matching gift programs where they will match the amount you donate to charities like Al-Ayn. This means your donation can have double the impact, allowing us to support even more orphaned children in need across Iraq, Afghanistan, and Ghana.

In this blog, we’ll explore the top 5 reasons you should use your employer’s matching gift program to amplify your generosity.

1. Double the impact without spending more.

One of the most powerful benefits of using an employer matching gift program is that it allows you to double (or triple) your donation without spending any extra money.

This is a unique way to make your generosity go further.

Here’s how it works once you donate to Al-Ayn:

1. Check if your employer offers a matching gift program using our simple search tool.
2. If they do, submit a request by following the instructions provided.
3. Your employer will match your donation directly, multiplying the impact.

Some companies even offer a 2:1 or 3:1 match, meaning they will contribute two or three times the amount you give!

For example, if you donate $50, and your employer matches it 1:1, Al-Ayn will receive $100 in total. That’s twice the amount you initially donated, and it can do twice as much good for orphaned children in Iraq, Afghanistan, and Ghana.

This simple step can make a huge difference. Why settle for the impact of just your donation when you can easily double it through your company’s support?

2. Support education and vocational training for orphaned youth

When doubled, your donation helps provide even more opportunities for education and vocational training for orphaned children.

Many of these children have one or both parents at a young age, leaving them vulnerable and without access to basic education.

Al-Ayn is committed to giving these children a brighter future by helping them continue their education.

Education is the key to stabilizing a child’s future. Vocational training helps these children gain essential skills to secure employment and become self-sufficient in the future–some even open their own businesses!

Your matched donation could mean that even more children have access to schooling and skills training, giving them the tools to lift themselves and their families out of poverty. This creates a cycle of self-sufficiency, with a community no longer needing aid.

Imagine the impact of your donation when it’s doubled. It means twice as many children could receive an education and develop the skills they need to succeed in life.

3. Expand medical care for vulnerable children

Orphaned children often face serious health challenges because of food insecurity, unhygienic living conditions, and war and conflict that affect the natural order of the ecosystem.

The vast majority who acquire a short or long-term illness can’t get the required healthcare to treat or manage their condition.

The result?

They become high-risk, their health outcomes worsen, and the situation can become life or death rapidly.

Al-Ayn works to ensure that these children receive the medical care they desperately need, including regular checkups, vaccinations, and treatment for various conditions.

And your employer matching your donation means we reach even more kids.

For example, your initial donation could help provide a child with necessary medications. But when it’s doubled, it can provide those medications for two children. With something as simple as a matching gift, you can make a profound difference in the health and well-being of these children.

• Strengthen psychological rehabilitation for the underserved

Many orphaned children have faced unimaginable trauma, including the loss of their parents, living through war, and enduring extreme poverty. As a result, they often need more than just physical care—they also need psychological rehabilitation to help them heal emotionally and mentally.

Al-Ayn provides much-needed psychological support services to help children cope with grief, trauma, and other emotional challenges. This care helps them build resilience, develop healthy coping mechanisms, and feel empowered to move forward in their lives.

By taking an extra step to check if your employer offers donation matching, you can help enroll more children in counseling and therapy programs, supporting them on their journey to emotional recovery.

• It’s quick and easy

Ultimately, the question is: why wouldn’t you want your employer to match your donation?

Submitting a matching gift request is a quick and easy process that can be done in just a few minutes, making it incredibly convenient for donors.

Once you’ve made your donation to Al-Ayn, all you need to do is check if your employer offers a matching gifts program.

Most companies have straightforward processes in place to make this as easy as possible.

Simply visit your employer’s HR portal or corporate giving page, fill out a short form, or follow the online instructions to register your donation.

In many cases, you’ll only need basic information like your donation receipt and the name of the charity, and everything else is handled by your employer.

Some companies even offer fully automated systems, where all you need to do is click a few buttons, and your donation is matched. With such a hassle-free process, taking just a few moments to double your impact is well worth it allowing you to make an even bigger difference for orphaned children without any extra effort.

How to use your employer’s matching gift program

Now that you know the incredible benefits of using your employer’s matching gift program, here’s how you can get started:

1. Make a donation to Al-Ayn as you normally would.
2. Check if your employer offers a matching gift program by visiting our website and using our simple search tool.
3. Follow your employer’s instructions to submit a matching gift request.
4. Watch your donation double (or even triple) as your employer makes a matching donation.

It’s that easy. You can take a few minutes today to maximize the power of your generosity and make an even more significant difference for orphaned children.

Help every dollar count twice.

At Al-Ayn, we believe that every child deserves a chance at a better future–and we’re confident you agree.

By using your employer’s matching gift program, you can double the impact of your donation, providing twice the support to orphaned children in need.

Don’t miss out on this chance to double your generosity. Visit our matching gifts page to see if your employer takes part.