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BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

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Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

UAE Fatwa Council sets value of Zakat for Ramadan at AED25

  • Within this fatwa, the council set the value of iftar meal at a minimum of AED15
  • This amount can be paid to the registered charities which provide iftar meals

The UAE Fatwa Council has set at AED25 ($6.81) the unified value of Zakat Al-Fitr (Eid Al Fitr charity), official sources have said.

Meanwhile, the Fidyah, the amount to be given in food or cash to the poor by those who are not able to fast owing to old age or illness, has been set at AED15 ($4.08).

The Kaffarah, or the atonement for violations of Ramadan fasts, is likewise set by the council at AED900 ($245.06), which is the value of food given to 60 poor individuals.

This came in a general fatwa issued by the council on Wednesday, March 23.

Within this fatwa, the council set the value of iftar meal at a minimum of AED15 ($4.08).

This amount can be paid to the registered charities which provide iftar meals.

The council also set at AED15 ($4.08) the value of food to be paid as Kaffarah for missing a day during Ramadan.

It is to be paid by heirs of individuals who had died without making up for missing days of fasting during Ramadan.

This amount of food should be given to poor people, said the council.

For those who delayed making up the missed fasting days from last Ramadan without a valid reason, the council set the value of food to be given to poor people at AED15 ($4.08) for each day.

Those who committed a mistake that does not spoil their fasting will have to feed six poor individuals, totaling AED90 ($24.51) as the value of food to be distributed to six persons.

Under the chairmanship of Abdallah bin Bayyah, the UAE Fatwa Council has addressed all fatwa centers and departments as well as all charities nationwide on the new rules.