{"id":4916,"date":"2024-05-10T17:30:21","date_gmt":"2024-05-10T12:30:21","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=4916"},"modified":"2025-09-22T20:12:06","modified_gmt":"2025-09-22T15:12:06","slug":"how-can-i-avoid-paying-zakat-in-psx","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/how-can-i-avoid-paying-zakat-in-psx\/","title":{"rendered":"How to Apply for Zakat Non-Deductible Status in PSX (WITH FORM)"},"content":{"rendered":"\n<p>If you do not want the PSX to deduct zakat on your holdings, you can submit a zakat declaration certificate.<\/p>\n\n\n\n<p>The format of the zakat declaration certificate to be submitted to your PSX broker is given on CDC website. Or you can ask your broker to send you the format.<\/p>\n\n\n\n<p>Here is a copy of the Zakat Declaration Form:<\/p>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-0f2af170-9ddc-4662-b10b-b9660ba4f161\" href=\"https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/Investor-Account-\u2013-Zakat-Declaration-Form.doc\">Investor-Account-\u2013-Zakat-Declaration-Form<\/a><a href=\"https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/Investor-Account-\u2013-Zakat-Declaration-Form.doc\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-0f2af170-9ddc-4662-b10b-b9660ba4f161\">Download<\/a><\/div>\n\n\n\n<p>Ask your broker what the value of the stamp paper should be. Mostly it will have to be printed on <strong>Rs. 100 stamp paper.<\/strong> <\/p>\n\n\n\n<p>You can then send this stamp paper to your broker and you won&#8217;t have to pay zakat through the PSX again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you do not want the PSX to deduct zakat on your holdings, you can submit a zakat declaration certificate.<\/p>\n","protected":false},"author":3,"featured_media":4954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[252],"tags":[],"class_list":["post-4916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faq"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/Avoid-Zakat-in-PSX-2-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/Avoid-Zakat-in-PSX-2-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/Avoid-Zakat-in-PSX-2-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/Avoid-Zakat-in-PSX-2.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=4916"}],"version-history":[{"count":1,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4916\/revisions"}],"predecessor-version":[{"id":11680,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4916\/revisions\/11680"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/4954"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=4916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=4916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=4916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}