{"product_id":"khums-an-islamic-tax","title":"Khums - an Islamic Tax","description":"\u003cp\u003eKhums is an issue every practicing Shi'ah must deal with once a year. The need for an easy to understand, yet comprehensive guide has been felt for years. Especially now more than ever, with the financial complexities of our world today. This book hopes to fill that void, since its first publication in 1984. The most popular aspect of this book is the khums calculation form, which provides easy to use, step-by-step instructions on calculating your khums for the year.\u003c\/p\u003e\n\u003cp\u003eThis 4th edition includes numerous revisions and expansions, including: the history and usage of khums during the time of the Prophet and Imams, the moral and political aspects of khums, updated examples and rulings, practical and common issues for those living in the West, frequently raised questions, and much more. The book also reflects rulings based on various prominent maraji' in order to cater to as many muqallidin as possible.\u003c\/p\u003e\n\u003cp\u003ePrevious versions of this book have been well received, as well as prompting insightful feedback from communities around the globe. It has been reprinted in Iran and Pakistan, translated into various languages, has had excerpts published in magazines, has been incorporated in other publications, and has been the basis for countless other seminars, booklets, and calculation forms.\u003c\/p\u003e\n\u003cp\u003eSome overall topics and features include:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eDiscussing the Islamic economic system\u003c\/li\u003e\n\u003cli\u003eKhums in the Qur'an and history\u003c\/li\u003e\n\u003cli\u003eDefining khums, income, surplus, expenses, etc\u003c\/li\u003e\n\u003cli\u003eVarious rulings and common situations\u003c\/li\u003e\n\u003cli\u003eThe distribution of khums\u003c\/li\u003e\n\u003cli\u003eSome thoughts on khums and society\u003c\/li\u003e\n\u003cli\u003eCalculation forms and guidelines\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eBe sure to also check out this seminar and Q\u0026amp;A session on Khums, by Sayyid Muhammad Rizvi. It covers:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eThe meaning behind the concept of Khums\u003c\/li\u003e\n\u003cli\u003eItems upon which khums is wajib\u003c\/li\u003e\n\u003cli\u003eWhen do you pay khums?\u003c\/li\u003e\n\u003cli\u003eWhat is surplus? What is profit? What is income?\u003c\/li\u003e\n\u003cli\u003eWhat is exempt from khums?\u003c\/li\u003e\n\u003cli\u003eWhat are savings?\u003c\/li\u003e\n\u003cli\u003eWhat are allowable expenses?\u003c\/li\u003e\n\u003cli\u003eWhat to do with debt?\u003c\/li\u003e\n\u003cli\u003eInsurance premiums\u003c\/li\u003e\n\u003cli\u003eRegistered Retirement Savings Plan (RRSP)\u003c\/li\u003e\n\u003cli\u003eRegistered Education Savings Plan (RESP)\u003c\/li\u003e\n\u003cli\u003eTax Free Savings Account (TFSA)\u003c\/li\u003e\n\u003cli\u003ePrivate Company Pension Plans\u003c\/li\u003e\n\u003cli\u003eLife Insurance (Whole and Term) Premiums\u003c\/li\u003e\n\u003cli\u003eCritical Illness Insurance Premiums\u003c\/li\u003e\n\u003cli\u003eSaving for the future\u003c\/li\u003e\n\u003cli\u003eChild allowance\u003c\/li\u003e\n\u003cli\u003eSaving for a home\u003c\/li\u003e\n\u003cli\u003eHome equity\u003c\/li\u003e\n\u003cli\u003eDowry\u003c\/li\u003e\n\u003cli\u003eUnused items\u003c\/li\u003e\n\u003cli\u003eGifts\u003c\/li\u003e\n\u003cli\u003eBusiness inventory and property\u003c\/li\u003e\n\u003cli\u003eDivision of Khums\u003c\/li\u003e\n\u003cli\u003eQ\u0026amp;A session\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003ciframe src=\"https:\/\/www.youtube.com\/embed\/OzYORfufQU8\" width=\"100%\" height=\"215\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"\u003e\u003c\/iframe\u003e\u003c\/p\u003e\n\u003cp\u003e(or click here to view on Youtube directly: \u003ca href=\"https:\/\/youtu.be\/OzYORfufQU8\"\u003ehttps:\/\/youtu.be\/OzYORfufQU8\u003c\/a\u003e)\u003c\/p\u003e\n\u003cp\u003e\u003ciframe src=\"https:\/\/www.youtube.com\/embed\/e1aL4E6-4Tc\" width=\"100%\" height=\"215\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"\u003e\u003c\/iframe\u003e\u003c\/p\u003e\n\u003cp\u003e(or click here to view on Youtube directly: \u003ca href=\"https:\/\/youtu.be\/e1aL4E6-4Tc\"\u003ehttps:\/\/youtu.be\/e1aL4E6-4Tc\u003c\/a\u003e)\u003c\/p\u003e\n\u003cp\u003eIf you have any questions or scenarios which aren't covered in the book or the seminar, feel free to message us for further details using the \u003cspan\u003e\u003ca href=\"http:\/\/al-m.ca\/contact-2\/\" target=\"_blank\" rel=\"noopener noreferrer\"\u003econtact page\u003c\/a\u003e\u003c\/span\u003e, or emailing us at the address at the bottom of the page.\u003c\/p\u003e\n\u003chr\u003e\n\u003cp\u003eISBN 9780920675151. Copyright 2014, Al-Ma'arif Publications, All rights reserved.\u003c\/p\u003e","brand":"Al-Ma'arif Publications","offers":[{"title":"Physical Book","offer_id":12523450073199,"sku":"9780920675151","price":10.0,"currency_code":"CAD","in_stock":true},{"title":"eBook","offer_id":32250145472623,"sku":"","price":10.0,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0019\/6267\/2239\/products\/Khums-Cover_1.png?v=1533068720","url":"https:\/\/al-maarif.myshopify.com\/products\/khums-an-islamic-tax","provider":"Al-Ma'arif Publications","version":"1.0","type":"link"}