What pillar of Islam is Zakat?
Zakat is the third pillar of islam.
What is the minimum wealth (Nisab) required for someone to pay Zakat?
The Nisab is the equivalent of 85 grams of gold or 595 grams of silver in monetary value.
Who are the eligible recipients of Zakat?
The poor
The needy
Those employed to distribute Zakat
Those whose hearts need reconciliation
Those in debt
For the cause of Allah (charitable and religious causes)
Travelers in need
Slaves
What types of wealth are subject to Zakat?
Cash, gold, silver, business inventory, agricultural produce, livestock, and financial investments.
Why is Zakat considered a tool for achieving social justice?
Because it ensures that wealth is shared fairly, helps the less fortunate, and creates economic balance in society.
What is the definition of zakat?
A mandatory charitable donation in Islam, given to the poor and needy.
How does Zakat help reduce poverty?
By redistributing wealth from the rich to the poor, ensuring that basic needs are met for those who are less fortunate.
What percentage of wealth must be given as Zakat?
2.5% of eligible wealth.
If a person has $10,000 in savings above the Nisab, how much Zakat must they pay?
$250
How does Zakat help reduce the gap between the rich and the poor?
By redistributing wealth fairly, ensuring that those in need receive financial support.
Is zakat an act of worship for Muslims?
Yes, Zakat is one of the mandatory pillars of islam & is considered to be an act of worship.
Who is required to pay Zakat?
Every Muslim who possesses wealth above the minimum threshold (Nisab) and has held it for one lunar year.
Why is Zakat considered one of the Five Pillars of Islam?
Because it is a fundamental act of worship that helps purify wealth, promote social justice, and support those in need.
What is the difference between Zakat and charity (Sadaqah)?
Zakat is obligatory and has a fixed percentage (2.5%), while Sadaqah is voluntary and has no fixed amount.
What are some projects or initiatives that can be funded by Zakat?
Education programs
Healthcare services
Food distribution
Shelters
Financial assistance for those in debt.