Zakah is the third pillar of Islam is the alms-tax (Zakah). It is a tax on wealth, payable on various categories of property, notably savings and investments, produce, inventory of goods, salable crops and cattle, and precious metals, and is to be used for the various categories of distribution specified by Islamic law. It is also an act of purification through sharing what one has with others.
The rationale behind this is that Muslims believe that everything belongs to God, and wealth is held by man as a trust. This trust must be discharged, moreover, as instructed by God, as that portion of our wealth legally belongs to other people and must be given to them. If we refuse and hoard this wealth, it is considered impure and unclean. If, for example one were to use that wealth for charity or to finance one's pilgrimage to Makkah, those acts would also be impure, invalid, and of course unrewarded.
Allah says: "Of their wealth, take dick so you may purify and sanctify them." [9:103]
The word Zakah means purification and growth. Our possessions are purified by setting aside that portion of it for those in need. Each Muslim calculates his or her own Zakah individually. For most purposes this involves the payment each year of 2.5% of one's capital, provided that this capital reaches a certain minimum amount that which is not consumed by its owner. A generous person can pay more than this amount, though it is treated and rewarded as voluntary charity (Sadaqah). This amount of money is provided to bridge the gap between the rich and the poor, and can be used in many useful projects for the welfare of the community.
Historically the pillar of Zakah became mandatory on Muslims form the second year after the Hijrah, 622 C.E. It is mentioned more than thirty times in the Qur'an, usually in the same breath as Salah. So important is this pillar that one is not considered a part of the Islamic brotherhood if one ignores this obligation.
May Allah enlighten your heart, have a nice day.
Kais
The most important reason is that Allah requires it of us. One of the main benefits of zakat, though, is that it purifies our income. Almost all of us, for example, occasionally use hours when we're paid to work to do non-work things, such as chatting with a colleague or on the phone. Donating part of our financial holdings to others relieves us from keeping or spending money that we haven't earned. Another important reason is that zakat helps the very poor. In fact, if all Muslims paid their zakat, there would be no poverty in the world! Zakat information http://www.islamicity.com/mosque/Zakat/ Zakat calculator http://www.geocities.com/Paris/Metro/4170/English2/zakat.htm The third pillar of Islam is the alms-tax (Zakah). It is a tax on wealth, payable on various categories of property, notably savings and investments, produce, inventory of goods, salable crops and cattle, and precious metals, and is to be used for the various categories of distribution specified by Islamic law. It is also an act of purification through sharing what one has with others.The rationale behind this is that Muslims believe that everything belongs to God, and wealth is held by man as a trust. This trust must be discharged, moreover, as instructed by God, as that portion of our wealth legally belongs to other people and must be given to them. If we refuse and hoard this wealth, it is considered impure and unclean. If, for example one were to use that wealth for charity or to finance one's pilgrimage to Makkah, those acts would also be impure, invalid, and of course unrewarded. Allah says: "Of their wealth, take alms so you may purify and sanctify them." [9:103] The word Zakah means purification and growth. Our possessions are purified by setting aside that portion of it for those in need. Each Muslim calculates his or her own Zakah individually. For most purposes this involves the payment each year of 2.5% of one's capital, provided that this capital reaches a certain minimum amount that which is not consumed by its owner. A generous person can pay more than this amount, though it is treated and rewarded as voluntary charity (Sadaqah). This amount of money is provided to bridge the gap between the rich and the poor, and can be used in many useful projects for the welfare of the community. Historically the pillar of Zakah became mandatory on Muslims form the second year after the Hijrah, 622 C.E. It is mentioned more than thirty times in the Qur'an, usually in the same breath as Salah. So important is this pillar that one is not considered a part of the Islamic brotherhood if one ignores this obligation.
Paying zakat has two important goals: it helps the poor, and it purifies a Muslim's income.
Muslims pay zakat because Allah ordered us to do it, in the Holy Qur'an.
Zakat (or Alms giving) is the 3rd pillar of the Islam five pillars (see related question below on Islam pillars for more information). Paying zakat is very important for the following advantages:
Zakat in Islam is one of the five pillars of the religion that must be followed by all Muslims. It is, therefore, considered a compulsory act for anyone who has the minimum number of possessions required to be legible. The concept of Zakat is that it is supposed to be a method for Muslims to cleanse and purify their wealth. The purpose of poor-due is that by giving it, you are completing one of the obligations Allah has made mandatory upon you. In Surah Taubah, Verse 18, Allah mentions establishing prayer and giving Zakat in the same verse. This shows the immense importance that giving alms has in Islam.
no a wife cant give zakat or money of zakat to her husband under the masarif of zakat.
there are two type of Zakat: obligatory Zakat and Mustahab (recommended Zakat). Recommended Zakat is same as non obligatory donations. Syed can receive non obligatory Zakat from all. but obligatory only from Syed.
It is Zakat in Arabic as well. :)
No we can not pay zakat in instalment.
Yes we can pay zakat on our assets.
What is zakat even that needs to be answered first
No zakat on christians but only Muslims.
The Zakat Foundation was created in 2001.
zakat is not compulsory on poor people.... but if you are rich and you dont pay zakat out of arrogance than its a sin
The meaning of zakat is, buying the love of God. If you pay zakat you will get it seven times more than you paid.
Zakat, or charity is the fourth pillar of Islam.
zakat is 2.5 %