President Dr. Mohamed Muizzu has constituted the Maldives Zakat House under the Ministry of Islamic Affairs. He established the new office under the authority vested in him by Section 116 of the Constitution of the Maldives.
The Maldives Zakat House was mandated to fortify the Maldivian Zakat system and do all necessary to expand the Zakat Fund by investing in areas where Shariah has approved Zakat, thereby maximising distributor benefits.
The official Dhivehi name for the Maldives Zakat House is Dhivehiraajjeyge Zakat House. In accordance with the numbering system for state agencies, the President's Office has issued a directive that all correspondence to the Maldives Zakat House should use the number 496.
The Maldives Zakat House aims to provide a mechanism for accepting and disbursing Zakat, announce the Nisab for Zakat Al-Mal, or Zakat on Wealth, twice a year, and regularly update the national registry of individuals below the poverty line.