What is Zakat?
Zakat is the third pillar of Islam and a form of Ibadah (worship) and an act of charity that is obligatory for all following Muslims. Zakat Al Maal allows one to purify their wealth, helps to promote social welfare,
and help those in need, ultimately empowering the community for a better and brighter tomorrow!
Allah says in The Qur'an
“And establish prayer and give Zakat, and whatever good you put forward for yourselves – you will find it with Allah.”
(Al - Bakarah 2:110, Qur’an)
Who needs to pay Zakat?
Zakat is obligatory on:
- One who has reached the age of puberty and is of sound mind
- Who are financially stable and owns assets that are subject to Zakat
- Their wealth has crossed the Nisab (threshold)
- They have owned the asset(s) for a full lunar year.
