What Is Zakat? The Complete Guide to Islam’s Obligatory Charity
Zakat is the obligatory annual charity in Islam: 2.5 percent of a Muslim’s qualifying wealth, such as cash, gold, silver, trade goods and …
Zakat
Zakat on Series I Savings Bonds: Principal, Interest and Purification
If you hold U.S. Series I savings bonds, zakat is due on the principal, the amount you paid for the bonds, according to Britain’s National Zakat …
Zakat on Inherited Property That Hasn’t Been Sold or Distributed
Heirs do not owe zakat on an inheritance that has not yet come into their possession, according to Islamic Relief Worldwide. Inherited land or houses …
Zakat on RSUs, Stock Options and ESPP Shares: When It Is Due and How to Value It
Zakat is generally not due on restricted stock units (RSUs) or stock options until they vest and the shares become yours. Once vested shares are in …
Zakat on IRAs, Roth IRAs, 529 Plans and HSAs: How Scholars Calculate It
Most scholarly bodies that have addressed U.S. retirement accounts say zakat is due each year on the amount you could actually withdraw, after …
Zakat on Gold Jewelry Worn Every Day: What the Schools of Law Say
Whether zakat is due on gold jewelry that a woman wears depends on the school of Islamic law she follows. The Hanafi school says zakat is due on it …
Zakat-Eligible Sustainable Energy Stocks
What Are Zakat-Eligible Sustainable Energy Stocks?
Zakat-eligible sustainable energy stocks are shares in clean energy companies that meet Shariah …
Halal-Certified Payment Gateways for Muslim Charities
Halal-certified payment gateways for Muslim charities ensure every donation stays free from riba (interest), gharar (uncertainty), and maysir …
Best Zakat-Compliant Crypto Tax Software
Best Zakat-compliant crypto tax software helps Muslim investors track digital assets and calculate Zakat obligations accurately. If you hold Bitcoin, …
Best Zakat Audit Services for Crypto Companies
Best Zakat audit services for crypto companies help digital-asset firms meet their Islamic financial obligations with accuracy and confidence. As the …
Zakat-Eligible NGOs for Gaza Relief
Which NGOs Accept Zakat for Gaza Relief?
Zakat-eligible NGOs for Gaza relief include UNRWA, World Central Kitchen, Zakat Foundation of America, …
Billions in Zakat Are Collected Each Year. Where Is the Governance?
At a small neighborhood mosque in Birmingham, England, a volunteer carefully counts envelopes filled with zakat donations after Friday prayers. “We …
The Impact of Zakat on Community Development
Kuala Lumpur- Amid the bustling markets of this multicultural metropolis, where skyscrapers pierce the tropical sky and vendors hawk everything from …
Muslim Charities in the UK and Ways to Contribute
Imagine a world where a single act of kindness ripples out to change lives across continents—feeding a starving child in Yemen, providing clean water …
How to Calculate Zakat in the UK and Give to the Right Charities
Zakat, meaning “purification” in Arabic, is a mandatory 2.5% charity on wealth held for a lunar year, designed to support the less fortunate and …
How to Embrace the Spirit of Ramadan via Generosity and Gratitude
Ever felt like Ramadan’s more than just skipping lunch? It’s like a reset button for your soul, right? This isn’t just about …
The Significance of Paying Zakat in Ramadan
Ramadan, a month of heightened spirituality, extends beyond fasting and prayer. It is a period where Muslims focus intensely on Zakat, a fundamental …
Online Zakat 2025 Guide – Bridging the Gap Between Donors and Needy
Imagine a student’s life shattered in an instant. That’s Fawzan’s story. But here’s the twist: a simple click turned tragedy …
Pakistan Banking Sector Developments 2024 — Regulations, Fintech & Digital Transformation
The year 2024 marked a watershed moment for the Pakistan Banking Sector, a period defined by a complex interplay of economic forces, regulatory …
Malaysia Becomes First to Accept Zakat Payments via Cryptocurrency
Malaysia has made history by becoming the first country in the world to accept Zakat payments via cryptocurrency, a revolutionary step that merges …
Zakat Chicago and Partners Distribute Over 5,000 Halal Turkeys for the Holidays
As the crisp air of November sets in, the season of giving and gratitude takes center stage. Across Chicago, families prepare to gather around their …
Malaysia Endorses Baznas as Model for Alms Management
Jakarta, Indonesia – In a powerful endorsement of innovation in alms management, Malaysian Religious Affairs Minister Mohd Na’im Mokhtar praised …
Riyadh Hosts 3rd Zakat, Tax & Customs Conference in December, 2024
The Third Zakat, Tax & Customs Conference, scheduled for December 4-5, 2024, in Riyadh, Saudi Arabia, is set to be a landmark event for …
How Combining Zakat and Volunteering Makes a Greater Impact
In the realm of charitable giving, Zakat and volunteering are powerful forces that uplift communities and bring meaningful change to those in need. …