6 articles tagged “Zakat”
Turkey's official zakat methodology comes from the Din Isleri Yuksek Kurulu: 2.5% on net zakatable wealth above the 80.18 gram gold nisab, with debt netting and rules most calculators skip. The complete walkthrough.
Turkey's two institutional zakat channels use identical DIYK methodology and charge nothing. The differences are custody, control and reach: TDV banks zakat only at participation banks; IHH lets you aim it at 123 countries. The honest comparison.
Turkey holds family wealth in gold like almost nowhere else: bilezik, quarter coins, wedding sets. The zakat rules: the 80.18 gram nisab, karat conversion, the buy-versus-sell price detail, and the jewelry question answered honestly.
TL under the mattress, dollars in the drawer, participation accounts and their profit shares: the zakat treatment of every form of money Turkish households hold, including the inflation question everyone asks and the answer fiqh gives.
Katilim equities, participation funds, gold funds, BES balances: how Turkish investors calculate zakat on portfolio wealth. The trader-versus-holder distinction, the fund look-through problem, and the pension question, handled honestly.
Zakat has an entry threshold, and Turkey's official answer prices it at 80.18 grams of gold. Why the threshold exists, why silver gives a lower line, the buy-price detail, and what to do when you hover near it.