Islam

Zakat on Gold in 2023 | Meaning, Formula, Benefits

Zakat is an important part of the Islamic faith and is one of the five pillars of Islam. It is a form of charity that encourages Muslims to give a portion of their wealth to those less fortunate than themselves. While the Zakat system has been around for centuries, it has evolved in recent years…

What Is Zakat al Fitr – Fitrana

Introduction Zakat al Fitr, also known as Fitrana, is a type of charitable giving in Islam that is traditionally done at the end of the month of Ramadan. It is a mandatory payment made by every adult Muslim who has the means to do so and is typically given to the poor and needy. Ibn…

What is Zakat in the 5 Third Pillars of Islam

Introduction In Islam, there are five key pillars: shahada, salat, zakat, sawm, and hajj. Every Muslim is obligated to follow these five pillars and live life with a pure soul. If you’re wondering what is zakat, you’ve come to the right place. Zakat is the third pillar of Islam. Paying Zakat is mandatory for all…