Zakat al-mal payments reach MVR 115 million, up 23%

People in the Maldives paid MVR 114.95 million in zakat al-mal (wealth zakat) between January and October 2026, according to the Maldives Inland Revenue Authority (MIRA). That is MVR 21.6 million, or 23 percent, more than the MVR 93.39 million paid in the same 10 months of 2025.

The figures are in MIRA's monthly revenue collection report for October 2026.

The numbers

• January to October 2026: MVR 114.95 million
• January to October 2025: MVR 93.39 million
• October 2026 alone: MVR 5.28 million
• October 2025 alone: MVR 5.58 million

Most of the money was paid in rufiyaa. MIRA's report also shows USD 34,706 paid in dollars this year, counted within the total.

October itself was slightly weaker than a year earlier. Payments in the month were about 5 percent lower than in October 2025.

Who pays and how much

Zakat al-mal is due on wealth that has stayed above the nisab for a full year. MIRA lists the current nisab as MVR 19,266.10. That is the value of 595 grams of silver at about MVR 32.38 a gram.

How to pay

MIRA has collected zakat al-mal since 1 June 2016, using form MIRA 510. People can pay at MIRA's Taxpayer Service Centre or at MIRA branches and collection centres outside Malé. On islands with no MIRA office, the island council secretariat accepts payment.

For questions about how zakat is calculated or its religious rules, MIRA refers people to the Ministry of Islamic Affairs on 800 300 8901. For questions about payment, MIRA's hotline is 1415. Zakat al-fitr is still collected by the Ministry of Islamic Affairs.