Siblings Of Ilm
Siblings Of Ilm

Zakāt Masterclass

Summary:

Zakāt is not merely charity—it is a financial act of worship, a pillar of Islām, and a system of wealth purification. This masterclass will provide clarity, structure, and confidence before you discharge your Zakāt this Ramaḍān.

Learning Objectives:
  • Understand the foundations of Zakāt, including its obligation, niṣāb, conditions, and how to correctly deduct liabilities while avoiding common calculation mistakes.
  • Accurately calculate Zakāt on personal and financial assets, including gold, silver, cash, shares, investments and various funds.
  • Apply Zakāt principles to business assets and property, and confidently identify eligible recipients.
  • Audience: Open to brothers and sisters
  • When: Sunday 1st March
    11 AM (UK Time) | 4 PM (Pakistan)
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Course Details

This session offers a practical and structured approach to Zakāt calculation, guiding participants step-by-step through assessing their net Zakātable wealth across personal, business, and investment assets. Beyond understanding the core rulings, attendees will gain clarity on how to apply them in real financial scenarios, ensuring liabilities are treated correctly and common miscalculations are avoided.

By the end of the session, participants will be equipped with a clear framework to calculate and distribute Zakāt with confidence and accuracy. This session is particularly beneficial for business owners, investors and traders, salaried professionals, students of Islamic finance, and anyone seeking clarity and certainty before distributing their Zakāt.

Recording will be available to students who register for the session.

Instructors Biography

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Mufti Abdullah Usmani

Mufti Muhammad Abdullah Usmani is an Islamic scholar and finance professional bridging classical Shariah scholarship with modern financial innovation. He holds a Master’s in Islamic Law and Jurisprudence and advanced specialization (Takhassus fi’l‑Ifta) from Jamia Darul Uloom Karachi, alongside an M.S. in Finance (Islamic Finance) from IBA Karachi. He is also a Certified Shariah Advisor and Auditor (CSAA) from AAOIFI, Bahrain.
Mufti Abdullah teaches Islamic Finance at the Centre for Islamic Economics and Arabic Grammar and Jurisprudence at Jamia Darul Uloom Karachi. As a member of the Darul Ifta, he has issued hundreds of fatwas on economic and social matters. His research focuses on Shariah governance, Islamic fintech, and ethical digital finance. Professionally, he is Executive Director at Usmani & Co. Pvt. Ltd., leading Shariah advisory and product structuring for institutions and fintechs. He has advised on initiatives such as Easypaisa’s conversion into a Digital Islamic Bank and Shariah‑compliant products for Nester UK, Abhi Fintech, Zood Mall, and Imarat.
At Meezan Bank Limited, he manages Shariah Compliance and Product Development in digital banking, ensuring new platforms align with Shariah principles. He previously worked at Faysal Bank Limited, contributing to its transition toward full Islamic compliance. Fluent in Arabic, English, and Urdu, Mufti Abdullah combines deep scholarship with strategic financial insight, advancing ethical banking, digital inclusion, and sustainable Islamic systems.
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