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2026-02-17 | BPRD Circular Letter No. 03

Deduction of Zakat at Source in Respect of Saving Bank, Profit & Loss Sharing and Similar Bank Accounts (Asset Code No. 101) and Deposit Thereof Immediately After Deduction Date

The Administrator General Zakat has established the Nisab for the Zakat Year 1446-1447 A.H. at Rs. 503,529. Zakat must be deducted from applicable bank accounts containing at least this amount as of the first day of Ramazan-ul-Mubarak, 1447 A.H., which is expected to be February 19th or 20th, 2026. All Zakat Collecting and Controlling Agencies are required to perform these deductions, deposit the funds immediately into Central Zakat Account No. CZ-08, and submit the corresponding Form CZ-08 returns to the Ministry.

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State Bank of Pakistan

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GOVERNMENT OF PAKISTAN MINISTRY OF POVERTY ALLEVIATION AND SOCIAL SAFETY No. CE-1001 (36)/NISAB/1446-47/2026-48 Islamabad the 16th February, 2026

The Director, (Banking Policy and Regulations Department) State Bank of Pakistan, Head Office, I.I. Chundrigar Road, Karachi.

Subject: DEDUCTION OF ZAKAT AT SOURCE IN RESPECT OF SAVING BANK, PROFIT AND LOSS SHARING AND SIMILAR BANK ACCOUNTS (ASSET CODE NO. 101) AND DEPOSIT THEREOF IMMEDIATELY AFTER DEDUCTION DATE

I am directed to convey that the Administrator General Zakat has notified the "Nisab of Zakat" for the Zakat Year 1446-1447 A.H. at Rs. 503,529 (Rupees Five Hundred Three Thousand Five Hundred Twenty-Nine only).

  1. In terms of the provisions of the Zakat and Ushr Ordinance, 1980 no deduction of Zakat at source shall be effected where the amount standing to the credit of an account, in respect of the assets mentioned in Column 2 of Serial No. 1 of the First Schedule of the said Ordinance is less than Rs. 503,529 (Rupees Five Hundred Three Thousand Five Hundred Twenty-Nine only) as on the first day of Ramazan-ul-Mubarak, 1447 A.H.

  2. The first day of Ramazan-ul-Mubarak, 1447 A.H. has been notified as the "Deduction Date" which is likely to fall on 19th or 20th February, 2026 (subject to appearance of the moon) for deduction of Zakat from Saving Bank Accounts, Profit and Loss Sharing Accounts and other similar accounts having a credit balance of Rs. 503,529/- or above.

  3. All Zakat Collecting and Controlling Agencies (ZCCAs) are requested to ensure strict compliance with the above instructions and deduct Zakat accordingly. The deducted amount shall be deposited immediately in the Central Zakat Account No. CZ-08 maintained with the State Bank of Pakistan.

  4. A copy of the return in Form CZ-08 (A & B) may kindly be furnished to this Ministry immediately after deposit of the Zakat amount.

  5. This issues with the approval of the Administrator General Zakat/ Secretary, Ministry of Poverty Alleviation and Social Safety, Islamabad.

(Dr. Muhammad Ali) Research Officer (Zakat) 051-9210026

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