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Zakat al-Mal in the Sultanate of Oman: Its Nisab and How to Calculate It in Omani Rial
27 April، 2024

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Zakat al-Mal is one of the pillars of Islam, a mandatory religious duty imposed by Allah on wealthy Muslims to redistribute a portion of their wealth to the poor and needy.

 

Zakat al-Mal serves as a means to achieve social balance among members of the same community, preventing the poor from resorting to illegitimate means to obtain the money they need.

 

This article will discuss the state of Zakat al-Mal in the Sultanate of Oman, its nisab, and how it is calculated in Omani Rial.

 

Zakat al-Mal in the Sultanate of Oman

 In the Sultanate of Oman, zakat is levied on a Muslim’s wealth to a certain extent. This amount is calculated based on the cash and other assets they own, and is paid annually according to Islamic law.

 

Nisab of Zakat al-Mal in the Sultanate of Oman

 In accordance with the word of Allah, Zakat al-Mal is due in the Sultanate when wealth reaches the nisab. The nisab for wealth is the equivalent of 85 grams of gold, and Zakat al-Mal is measured in gold because it is considered a stable asset. When wealth reaches the nisab and a lunar year has passed, zakat becomes obligatory.

 

The nisab for Zakat al-Mal in Omani Rial is approximately 2,500 Omani Rial; this varies with the market price of gold.

 

How to Calculate Zakat al-Mal in Omani Rial

 In the Sultanate, the principle of Zakat al-Mal and the obligatory amount to be disbursed is “one-quarter of a tenth,” or 2.5% of the total wealth including gold and cash.

 

Zakat al-Mal is calculated by taking the total amount and multiplying it by 2.5, then dividing by 100, and the result is the amount of zakat.

 

Example: If the zakat payer owns 10,000 Omani Rial

10,000 × 2.5 ÷ 100 = 250 Omani Rial is the amount of zakat to be paid.

 

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Masarat believes strongly in the power of education and its role in building more stable communities. The primary goal at Masarat is to expand the reach of beneficiaries, making education a fundamental part of their lives.

 

You too can support and assist children by channeling your donations through the Masarat initiative, which records every amount sent to it.

 

Your zakat donation reaches orphaned children who need this money, achieving a good and truthful amount before Allah, as He says: “Who is it that would loan Allah a goodly loan so he may multiply it for him many times over? And it is Allah who withholds and grants abundance, and to Him you will be returned.”

 

Your donation to the children and youth represents the utmost good you can offer them.

 

These orphans need educational opportunities and empowerment in the absence of their providers to become positive and active members of society.

FAQs about Zakat al-Mal in the Sultanate of Oman

Who are the beneficiaries of zakat in the Sultanate of Oman?

 The beneficiaries of zakat are those mentioned in the noble verse: “Charity is for the poor, the needy, those who work on collecting it, those whose hearts are to be reconciled, for freeing captives, for those in debt, in the cause of Allah, and for the wayfarer; an obligation from Allah, and Allah is Knowing and Wise.”

What is the best zakat calculator program in the Sultanate of Oman?

 The Smart Zakat Calculator is the best program for calculating zakat, launched for zakat services, calculating zakat in Omani Rial.

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