Zakat Nisab 2026 Pakistan Set at Rs503,529 for Bank Accounts

The federal government has announced the Zakat Nisab 2026 Pakistan, setting the minimum balance required for mandatory Zakat deduction from bank accounts for 1447 A.H.

According to an official notification, the Nisab has been fixed at Rs503,529. This threshold applies to savings accounts, profit-and-loss sharing accounts, and other similar bank accounts.

If the balance in an account remains below Rs503,529 on the first day of Ramazan-ul-Mubarak 1447 A.H., banks will not deduct Zakat at source.

This year’s Nisab is significantly higher than last year’s threshold of Rs179,689. The increase reflects rising gold and silver prices in Pakistan, which have followed international market trends upward.

The first day of Ramazan-ul-Mubarak will serve as the official deduction date. It is expected to fall on February 19, 2026, subject to moon sighting. On that day, banks will close to public transactions and process Zakat deductions.

The Ministry of Poverty Alleviation and Social Safety has directed all Zakat Collection and Controlling Agencies (ZCCAs) to deduct Zakat in accordance with the new threshold.

After collecting the amount, agencies must deposit it into the Central Zakat Account (CZ-08) at the State Bank of Pakistan. They must also submit Form CZ-08 (A&B) to the ministry immediately after the deposit.

Banks will deduct Zakat from accounts holding Rs 503,529 or more unless the account holder has submitted a valid exemption declaration.

Zakat Calculator 2026 Pakistan