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21 Feb 2013

Al-Imdaad Foundation responds to heavy rainfall in Msinga

19 Feb 2013

The Al-Imdaad Foundation together with representatives from Umzinyathi District Municipality and the Department of Social Development distributed 85 food parcels to those most affected. Recipients verified by the Department of Social Development convened at Msinga Top Ward 16 where the distribution took place.

On Monday,11 February 2013, severe thunderstorms struck Ward 5 of Tugela Ferry in the Malomini area. Heavy rainfall accompanied by high wind speeds resulted in flash floods causing extensive damage to housing and road infrastructure within the Msinga Local Municipality. Members of the Al-Imdaad Foundation conducted an assessment on the 14 of February 2013 finding that 138 houses were affected across all wards, 8 people lost their lives and 2 people were missing. In Ward 5 of Tugela Ferry, 6 houses were badly affected resulting in the families of those homes being relocated to another area and housed in Wendy Houses.

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Debit Order Terms and Conditions

I / We hereby request, "instruct" and authorise you to draw against my / our account with the above mentioned bank stipulated amount. I / We understand that all such withdrawals from my / our bank account by you shall be treated as though they had been signed by me / us personally.

We understand that the withdrawals hereby authorise will be processed by computer through a system known as the ACB Magnet Tape Service and I / We also understand that details of each withdrawal will be printed on my bank statement or on acompanying voucher.

This authority may be cancelled by me / us by giving you thirty days notice in writing. I / We shall not be entitled to any amounts, which you have withdrawn in terms of the above transaction while authority was in force.

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If one knows the Islamic Date of when your Zakaat is due.Click the Islamic Calender Date to find the Spot Price of Gold and Silver for that Day, otherwise use the Gregorian Calendar.

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Please Note the Calenders is only able to fetch prices for past Dates.

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Nisaab : Is based on the Silver Value per gram multiplied by 612.36 grams.

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Zakaat on Jewellery and precious metal coins is based on the weight of gold/silver- Simply enter the appropriate weights

Zakaat on KrugerRands (fixed weight) is based on the number of coins in possession.

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Zakaat should be paid on 2.5% of all cash and bank balances standing in your favour. Where practical reduce the amount by interest accrued.

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Some of the items listed under 'Select Investment Type' are impermissable as they are essentially interest bearing instuments.

The payment of zakaat on the items mentioned do not legitimise or clense them

It is better to avoid trading in or holding (impermissable) assets.

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Include all Trade Debtors: Do not deduct bad debts in this section

Use the current market price to determine the appropiate value for your inventory

It might be more practical to work out a value based on the wholesale price assuming all the stock were to be sold in one single transaction on a willing buyer/seller basis

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For Sharia compliant policies pay Zakaat on the current value of the policy (whether accessible or not).

Zakaat is payable on all monies owing to you if you have a reasonable expectation that such monies are secure (will be paid).

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Zakaat is payable on all monies owing to you if you have a reasonable expectation that such monies are secure.

Liabilities

You may deduct monies owed by you to others (including institutions). Deduct only what is due and payable today and not future (long-term) debts. Be carefull not to deduct debts already captured in the previous sections.

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Al-Imdaad Foundation responds to heavy rainfall in Msinga