Zakat is a mandatory charitable giving in Islam that requires Muslims to donate a portion of their wealth, including gold. Calculating Zakat on gold can be complex, but it is an important religious obligation. Our blog we will guide you through the process and help you.
By joining a giving circle, you can have a greater impact on the causes you care about and connect with like-minded individuals. In our blog, "What is a Giving Circle?", we explore the benefits and how you can get involved in one.
Zakat is an important aspect of Islam and is a type of required almsgiving. It is one of the five pillars of Islam and is mandatory for all Muslims who meet the eligibility requirements. The Arabic word for purification is Zakat.
Zakat can be paid at any time during the year if your wealth exceeds the Nisab threshold, although it is recommended to pay Zakat during special occasions such as Ramadan or the first ten days of Dhul Hijjah as a way to increase the blessings of these times.
Zakat is mandatory for every Muslim. Whereas Sadaqah is an encouraged, voluntary deed. While both earn the pleasure and reward of Allah (SWT), there are distinct differences between these two forms of charitable giving.