Zakat Nisab 2026. The Government of Pakistan has officially announced the Zakat Nisab 2026 at Rs. 503,529. If your bank balance is below this amount on the first day of Ramazan, no Zakat will be deducted. This update directly impacts millions of savings account holders across Pakistan.
Let’s break down what this means for you, why the threshold increased, and how automatic Zakat deduction will work in 2026.
Govt Announces Zakat Nisab 2026 – What’s New?
According to an official notification issued by the Ministry of Poverty Alleviation and Social Safety, the Zakat Nisab for 2026 has been fixed at Rs. 503,529.
This means:
- Zakat will only be deducted if your savings equal or exceed Rs. 503,529.
- The deduction will take place on the first day of Ramazan 2026.
- Ramazan is expected to begin on February 19, 2026, subject to moon sighting in Pakistan.
The deducted amount will be deposited into the Central Zakat Account maintained by the State Bank of Pakistan.
Zakat Nisab 2026 vs 2025 – Major Increase Explained
The new threshold shows a sharp increase compared to last year.
Zakat Nisab Comparison Table
| Year | Zakat Nisab (PKR) | Increase (%) |
|---|---|---|
| 2025 | 179,689 | — |
| 2026 | 503,529 | 180% |
This is a massive 180% increase.
Why Did Zakat Nisab Increase So Much?
The main reason is the rising price of:
- Gold in international markets
- Silver prices globally
- Domestic bullion rates in Pakistan
Since Zakat nisab is calculated based on the value of silver, any major price increase directly raises the threshold.
In simple terms:
If silver becomes expensive, the nisab automatically increases.
Which Bank Accounts Are Affected?
The new Zakat Nisab 2026 applies to:
Accounts Subject to Deduction
- Savings Bank Accounts
- Profit & Loss Sharing Accounts
- Similar deposit accounts
Accounts Usually Exempt
- Current Accounts
- Foreign currency accounts (with conditions)
- Declared non-Muslim accounts
If your savings are below Rs. 503,529 on the first of Ramazan, no Zakat will be deducted automatically.
How Automatic Zakat Deduction Works in Pakistan
Pakistan follows an automatic bank deduction system under the Zakat and Ushr Ordinance.
Here’s how it works:
- On the first day of Ramazan, banks check account balances.
- If balance meets or exceeds nisab, 2.5% Zakat is deducted.
- The deducted amount is transferred to the Central Zakat Fund.
- Banks submit official compliance reports.
With over 177 million bank accounts across:
- Commercial banks
- Microfinance institutions
- Fintech platforms
This update impacts a large segment of account holders.
Practical Example – Simple Calculation
Let’s understand with an example:
If your balance on 1st Ramazan 2026 is:
- Rs. 600,000 → Zakat will apply
- Rs. 400,000 → No deduction
Zakat rate = 2.5%
If eligible:
600,000 × 2.5% = Rs. 15,000 deducted
Simple and automatic.
Impact on Banking System in Pakistan
The higher threshold will:
- Reduce the number of qualifying accounts
- Lower automatic deductions compared to previous years
- Benefit middle-income savers
Financial institutions have been directed to ensure:
- Strict compliance
- Immediate transfer of funds
- Proper documentation and reporting
This improves transparency in Zakat collection.
Economic Factors Behind Zakat Nisab 2026
The 2026 increase reflects broader economic realities:
- Inflation in Pakistan
- Rupee depreciation
- Global commodity price surge
- Rising precious metal rates
Because nisab links to silver value, economic instability directly affects it.
What Should Account Holders Do Now?
Step 1 – Check Your Balance
Before Ramazan 2026, review your savings.
Step 2 – Submit Zakat Declaration (If Applicable)
If you want exemption, submit a CZ-50 declaration form before the deadline.
Step 3 – Monitor Bank Notification
Most banks notify customers before deduction.
Important Dates to Remember
- Expected 1st Ramazan 2026: February 19, 2026
- Deduction Date: Same day (subject to moon sighting)
- Declaration Deadline: Before Ramazan begins
Always confirm with your bank for official timelines.
FAQs
What is the Zakat Nisab 2026 in Pakistan?
The Zakat Nisab 2026 has been set at Rs. 503,529 by the Government of Pakistan.
Will Zakat be deducted automatically?
Yes. If your savings meet or exceed the nisab on the first day of Ramazan, 2.5% will be deducted automatically.
Why did the Zakat Nisab increase in 2026?
The increase is due to rising silver prices in international and local markets.
Can I stop automatic Zakat deduction?
Yes. You must submit a CZ-50 declaration form before Ramazan.
Does Zakat apply to current accounts?
Generally, current accounts are not subject to automatic Zakat deduction.
Conclusion
The Zakat Nisab 2026 has been officially set at Rs. 503,529, marking a historic increase compared to last year. This update will reduce automatic deductions and affect millions of bank account holders across Pakistan.
If your savings are close to the threshold, review your balance before Ramazan. Stay informed. Confirm with your bank. Plan ahead.
