Zakat al-Mal collections spike 73% in May as annual revenues rise
Total collections for Zakat al-Mal reached USD 486,387.42 in May 2026, a 73% increase from the previous year. Annual revenues hit USD 3.76 million by end of May, up 14%. The Zakat House distributed USD 356.93 each to 2,384 needy individuals, totaling USD 850,909.86. The wealth tax is based on a Nisab threshold of USD 1,416.47 derived from 595 grams of silver.
Total collections for Zakat al-Mal reached USD 486,387.42 in May 2026, a 73% increase from the previous year. Annual revenues hit USD 3.76 million by end of May, up 14%. The Zakat House distributed USD 356.93 each to 2,384 needy individuals, totaling USD 850,909.86. The wealth tax is based on a Nisab threshold of USD 1,416.47 derived from 595 grams of silver.
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Total collections for Zakat al-Mal reached USD 486,387.42 in May 2026, a 73% increase from the previous year. Annual revenues hit USD 3.76 million by end of May, up 14%. The Zakat House distributed USD 356.93 each to 2,384 needy individuals, totaling USD 850,909.86. The wealth tax is based on a Nisab threshold of USD 1,416.47 derived from 595 grams of silver.
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Focus: Zakat al-Mal collections spike 73% in May as annual revenues rise
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