Zakat
You will find necessary information concerning paying Zakatul Fitr (to support people during Eid-el-Fitr) and also major Zakat payment on this segment.
“And establish prayer and give zakah, and whatever good you put forward for yourselves – you will find it with Allah. Indeed, Allah of what you do, is Seeing.” (Quran 2:110)
Zakatul Fitr
As the blessed month of Ramadan draws to a close, we are urged as Muslims to fulfill the obligation of Zakatul Fitr, a necessary charity given to purify ourselves and provide assistance to those in need. This year, our zakatul fitr donation is pegged at £5 per head. This is based on the calculation of donating rice as a staple food for one person. You can donate a multiple of this amount for one single person, or for a chosen number of people. It is also recommended that you consider members of your family when paying for Zakatul FItr.
Pay Your Zakat Now
In accordance with Islamic principles, Zakat is a compulsory charitable contribution that is incumbent upon those who possess wealth beyond a certain threshold – Nisab. For individuals who own gold and silver assets, Zakat is calculated as 2.5% of the value of your accumulated wealth, besides your expenses.
This year, our calculation for Nisab is pegged at £4,057.05 for gold and £342.92 for silver, it is obligatory for the owner to calculate their Zakat and make the payment as a means of purification, and also redistribution of wealth within the community. By fulfilling this obligation, you do not only fulfill a religious duty but also contribute to the welfare of those in need.