Maldives Zakat House collects MVR 483 million in property zakat over five years

The Maldives Zakat House has revealed that a total of MVR 483.79 million in Zakat Al-Mal (property zakat) was collected over the past five years, with the highest annual collection recorded in 2025.

According to statistics released on Thursday, the Zakat House received more than MVR 90 million in property zakat each year from 2021 to 2025. The annual breakdown is as follows:

• 2021: MVR 91.39 million  

• 2022: MVR 92.70 million  

• 2023: MVR 90.21 million  

• 2024: MVR 102.28 million  

• 2025: MVR 107.21 million  

The 2025 figure marks the highest annual collection since the introduction of property zakat.

#zakat #zakathousemv #maldiveszakathouse pic.twitter.com/5JC41fOtQZ

— Maldives Zakat House (@ZakatHouseMv) January 22, 2026

The Zakat House also announced an increase in the nisab (minimum threshold) for property zakat on December 21, 2025. The new rate is MVR 19,527.90, up from MVR 11,191.95 five months earlier, an increase of MVR 8,335.95. This is the highest nisab ever set in the Maldives.

The zakat threshold is determined based on the market price of silver, and fluctuations in silver prices directly affect the payable amount.

The law mandating the payment of property zakat came into force this year.