The zakat on wealth for the year 1444 was deposited into the accounts of those are listed in the registry (a registry maintained by Islamic Ministry fro the poor).
This year, MVR 26.8 million has been collected and was distributed to 7,657 people on that list.
In Islam its obligatory to pay or donate zakat those individual whose wealth reaches to a certain limit.
The rate of zakat in Maldives is determined by the price of silver. A change in the price of silver also changes the amount of Maldivian currency payable as zakat.
According to the Islamic Ministry, a total of MVR 91.53 million was collected as zakat on wealth last year.
