Calculate The Amount Of Zakat And Your Personal Zakat-al-Fitrah

| April 24, 2017

Zakat is one of the five basic pillars of Islam ranking the second number after the prayer; it is a religious and obligation for all rich Muslims. Zakat is not a charitable contribution, it is considered to be a tax or obligatory alms and it is based on the income and the value of all of one’s possessions.

Zakat is a way to help poor and needy people and according to the teachings of Islam, every rich and worthy person should pay it once a year so that a poor person can fulfill his basic needs. Mostly people pay it in the Holy month of Ramzan because the rewards of good deeds performed in this month becomes double and greater than other months.

ALLAH says in Quran Pak! “Purify your wealth by giving Zakat” take from your wealth in order to purify and sanctify them. Zakat is an annual duty, due to lunar or hijri year from the first day you exceeded the nisaab threshold or from the day you last paid Zakat.

Zakat is customarily 2.5% or 1/40th of a Muslim’s total savings and wealth above a minimal amount known as nisaab.

There are two measures to determine nisaab, gold and silver, the nisaab by the gold standard is 7 ½ tola or its cash equivalent and the nisaab by the silver standard is 52 tola or its equivalent in cash and these prices vary with the increment in gold and silver prices.

Zakat is a spiritual act to help relieve people’s sufferings; it helps you to focus on helping others, it also helps you to be a good Muslim and bring you closer to ALLAH.

As like Zakat, another religious alm is Zakat al-Fitrah that is paid at the end of Ramzan or the day of Eid-ul-Fitr before the Eid prayer or before the sunset on Eid day. Paying Fitrah is an obligatory on every Muslim from a child to old person;

it could be paid on behalf of all dependents as wife, children, parents and siblings whom one supports financially. If there is a guest in your home at the eve of Eid then it is obligatory for you/host to pay Fitrah for his guest.

Zakat al- Fitrah of a person is given according to the current rate of three kilograms of wheat flour, rice, raisins, barley and dates. This may be directly paid to the poor to local mosque or centre or the religious authorities.

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