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

Her Name Is Sarah

20 July 2018

There are many harsh realities to being an orphan of war, a child of circumstances, beyond individual control.

As we look around us at different corners of the world, we can’t help but to feel overwhelmed and helpless by all that impacts innocent children of every color, race, and religion. Children who have fallen victims to political power struggles and greed. There is a lot of injustice, one cannot deny, but to become complacent and give up on becoming a part of the solution is inexcusable. Each of us can be a tool for positive change, each one of us can make a difference.

Over the last several months, we have brought to you stories from our mental wellness case files, these are stories that demonstrate the impact consecutive wars have had on the children of Iraq. A common theme amongst these innocent children is how they have been forced to deal with the trauma despite being ill-equipped to do so. The story of Sarah is another story of a child gone unnoticed by a world too caught up in turmoil.

Sarah was 4 years old when her father was killed by ISIS. He was not a soldier, just a family man trying to make ends meet for his family. Working as a doorman in a commercial building, he was senselessly shot, for no reason and without provocation. At 4 years old, she witnessed her father’s lifeless body lying in a coffin, after that day, the shock of the scene would change her for years to come. Children are thought of a being resilient, that concept is true. But children need to be nurtured, their need to be addressed and they need to be taught to deal. Expecting them to “bounce back” without proper tools and guidance is unrealistic. Being an only child naturally made her relationship with her father a close one. That relationship had been taken away from her and she was not given direction to properly cope with all the loss she experienced.

Consequently and understandably, Sarah’s mental and emotional wellbeing began to deteriorate. Sarah created a world inside her head, in which this world was an evil place, where Satan himself began to manifest in her realities. She succumbed to the reality that only existed inside her head. Thoughts and images took control of her, leading her down a dark path. She isolated herself, refusing to interact with others and refusing to go to school. She lost her faith in humanity, and subsequently god himself. She was now surrounded only by the darkness that existed as her reality.

So many stories such as Sarah’s prompted Al-Ayn Social Care Foundation to focus on the treatment of mental and emotional health. These facets had been so long overlooked because necessity dictated that physical well-being was more of a priority. As the state of urgency settled, we had to look beyond the basic necessities of things like nutritional or medical assistance. These children are the future of our society, we need to build them up so that they can take their roles as contributing members of that society. The only way to do that is through a holistic approach to care.

Subsequently, Sarah became of the many children who would benefit from our psychological rehabilitation treatment centers. She began receiving therapy to guide her in coping and resolving the issues she had been inflicted with for so many years. Currently, Sarah is on path to recovery, and we are looking forward to providing a positive update on her condition in the near future.

Do not undervalue what you can provide, even what you may think is an insignificant contribution can have a huge impact.

These children must not go unnoticed, let us bring their realities to light and be a driving force in shaping their future.