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Is Zakat necessary and How to do it? – Step by Step
Zakat is more than just giving money. It's a way to make our wealth cleaner and to show care and togetherness in our community.
Zakat includes different things we own, like money, gold, animals, and crops. To figure out how much Zakat to give, we look at what we own and apply the right percentages based on how long we've had it.
Kaan Doluner
Director
Zakat isn't merely about giving money; it's a practice aimed at purifying one's wealth and promoting compassion and unity within our community.
Zakat encompasses various assets like savings, investments, gold, silver, livestock, and agricultural produce. Calculating Zakat involves assessing these assets and applying the appropriate rates, reflecting the duration of ownership.
Today, let's quickly check the profound concept of Zakat, an essential pillar of Islam.
Here's a simple guide on how to fulfill your Zakat obligation:
Step 1: Calculate Your Zakat
Determine the value of your assets and apply the relevant Zakat rates.
Step 2: Identify Eligible Recipients
Recognize those in need, including the poor, needy, indebted, wayfarers, and Zakat collectors.
Who is Eligible to Accept Zakat?
Allah (SWT) allows Zakat to be spent in eight specific categories, as outlined below:
- The wayfarer – those who are traveling and/or stranded with limited supplies in the path of Allah (SWT).
- Those in debt.
- Those in bondage – such as captives and enslaved people.
- New Muslims and friends of the Islamic community.
- Zakat administrators – such as charities.
- The needy (al-masakin) – someone in hardship.
- People experiencing poverty (al-fuqara) – someone with little to no income.
Step 3: Distribute Your Zakat
Directly assist individuals, support charitable organizations, or contribute to community projects.
Step 4: Fulfill Your Obligation
Remember, Zakat is an ongoing duty, to be fulfilled annually.
By giving Zakat, we not only fulfill a religious obligation but also create a positive impact on the lives of others. Let's continue to uphold this tradition of generosity and compassion.
