Pakistan, March 30 -- A new study has revealed that Pakistanis contribute more than £1.7 billion ($2.19 billion) annually in zakat. This significant amount highlights the generosity of Pakistani Muslims, who donate 2.5% of their savings to those in need. According to the research by the International Center for Tax and Development (ICTD) and Lahore University of Management Sciences, over 50 million Pakistanis contribute to zakat every year.
The study, based on a survey of 7,500 Sunni Pakistanis, shows that zakat payments exceed the annual budget of Pakistan's Benazir Income Support Programme (BISP). The BISP's 2024/2025 budget is Rs598.7 billion ($2.16 billion), which is less than the amount donated through zakat. The study also hig...
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