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

His Name is Malik

18 April 2018

Extinguishing the flames of rage

Armed with experience and wisdoms, we as adults, still struggle in coping with what saddens us, and what enrages us. Children on the other hand, aren’t properly armed to face life’s turmoil, so how can we expect them to cope and how do we guide them?

Now, close your eyes and imagine having to watch a video broadcast of your father’s execution – how would it impact you? At 11 years old, that’s what Malik had to experience. The gruesome execution of his father at the hands of ISIS was videotaped and broadcasted for all to see. They mocked and gloated as they tied his wounded body to a vehicle and dragged him through the streets. That was the moment in which Time stopped for Malik. Consumed by sadness and rage, all he could do was constantly play back the video, reliving that terrible moment over and over again. This, coupled with the inescapable circulation of the event amongst family and neighbors sent Malik forced Malik to retreat into isolation in which he lost himself to unguided thoughts and feelings.

Consequently, this state of isolation and the fact that it initially went unnoticed allowed for feelings of anger to continue to fester within him. Shortly after, these feelings began to manifest in his behavior. With no chance to properly grieve, in the midst of a war that tore a nation and impacted so many children, a streak of violence would soon become his response to dealing with the day-to-day issues he faced.

Malik became obsessed with the idea of revenge. At just 11 years old, he wanted to fight, he wanted justice for his father, and this idea became his sole reason for existence. When he would speak to people, which in itself was on rare occasions, vengeance was his only topic. Soon enough, the things he spoke of and the behavior he exhibited began sending warning signals to his mother.

Despite the family’s circumstance and the stress of rebuilding after so much terror, Malik’s mother knew help was needed if she ever wanted to save her son. Malik was registered with Al-Ayn Social Care Foundation and, based on initial assessment from child therapists, the need to intervene was immediately recognized. A strict therapy program was prescribed to help manage his temper, cope with his feelings, and guide his thinking away from revenge and to look towards a hopeful future. Malik is still undergoing therapy, he has finally been given the change to grieve, to understand, to cope and to look to a brighter tomorrow.

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