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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. 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. 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. 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. 4) If sustenance debts are fully repaid in the financial year, this amount is excluded from the profits.
  5. 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

HIS NAME IS AHMAD

28 June 2018

Over the last several months, we have shared many stories of children orphaned by war and terrorism. These stories spoke of trauma, loss, and recovery. War, however, is not the only reason these children experience such tragedies. At the height of a global opioid pandemic, we are reminded that no culture, society of faith is spared. At 9 years old, Ahmad witnessed how this disease deteriorated his family. His father struggled with addiction in an environment of war and economic hardship, he grew depressed with his inability to feed his addiction or rid himself of it. On his darkest day, he could no longer manage, Ahmad’s father walked into the kitchen, emptied a bottle of lighter fluid all over his clothes and lit himself on fire. Unfortunately, he did not survive.

Consequently, Ahmad and his sister were orphaned, this was a turning point in their lives and just the beginning of what was yet to come. Unfortunately, their mother was not able to secure employment due to the economic hardship the country was facing, and as a result, the family lost their home, forcing them to move in with their paternal grandparents. As the entire family tried to maneuver through feelings of loss, guilt, and grief, not everyone dealt with properly. The grandparents blamed the widow for their son’s addiction and suicide and consequently took it out on the children.

Thus, Ahmad and his sister were forced to suffer the consequences of their grandparent’s anger. They were not provided with a proper space to sleep and store their belongings, constantly kicked out of the house and forbidden from playing with whatever toys their cousins left lying around the house. This misplaced anger and their realization that their surviving parent could not protect or provide for them created deeply rooted psychological and mental issues among the children.

As a result, Ahmad began exhibiting signs of what would later be classified as bipolar depression. Fits of rage followed by long periods of self-imposed isolation became the norm. Months in and months out, the days began to blend together and Ahmad’s hopes and dreams disappeared.

Desperate to change the circumstances of her family, the mother heard about a new organization and their commitment to helping orphans. She met with representatives from the Al-Ayn Social Care Foundation and things began to slowly turn around for them. The family was finally able to move out of their grandparent’s home and into their own. Their freedom to roam, play and be children was no longer restricted. Above all, Ahmad began receiving the therapy he so desperately needed. Al-Ayn’s commitment to a wholesome approach is what ensured the survival of this family. Through housing assistance, monthly allowances and needed psychological assistance the family began and continues to recover.

Children are resilient and they are the future, it is incumbent upon us all to help secure that future by giving them the means to help them transcend and flourish.


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