ZAKAT
Zakat means purifying. Zakat is
the third pillar of Islam. It requires Muslims to give 2.5% of their qualifying
wealth each year to help Muslims who need it across a range of categories. According
to Islamic jurisprudence, the collected amount should be paid to the poor and
the needy, Zakat collectors, recent converts to Islam, those to be freed from
slavery, those in debt, in the cause of Allah and to benefit the stranded traveler.
Zakat is both a spiritual duty and a
vital part of the Islamic social welfare system. It is not just a fundamental pillar of Islam; it is also a potential
way of easing the suffering of millions of people through a sustained
charitable effort. It’s
a unique form of religious social welfare which benefits the whole community.