How to calculate zakat Online Zakat foundation Zakat Calculator Calculate Your Zakat Online [ Ссылка ] Best Online Zakat Calculator - [ Ссылка ] Zakat foundation Zakat Calculator Calculate Your Zakat Online Zakat is an important religious obligation for Muslims and is considered as one of the Five Pillars of Islam. It is an act of worship that purifies wealth and helps to uplift the needy and the poor in the society. In this article, we will discuss zakat in detail, including its importance, how to calculate it, and the best zakat calculator tools available online. Zakat foundation is non-governmental non-profit charity organization establish in 1996.Zakat foundation work in 39 country,s zakat foundation and which collects and utilizes zakat or charity for socially beneficial projects in a transparent and organized manner all over world. Zakat foundation coming soon in Sudan and Somalia in December 2021.Your donations to Zakat foundation are tax-exempt under section 170 of the 501(c)(3) section of the irs . Zakat foundation ™ register with under fundraising regulator worldwide*. Zakat foundation ™ PayPal verified For zakat foundation™ work and zakat foundation™ affiliations zakat foundation ™ board of directors and our team in your country join us community centre or become volunteer or zakat foundation™ and for annual reports legal and financial information of zakat foundation™
What is Zakat?
#Zakat is an Arabic word which means "to purify" or "to make clean". It is an obligatory charity that every Muslim must pay if they meet the necessary criteria. The money paid as zakat is used to help the poor and needy, to support the Islamic community, and to promote Islamic causes.
Importance of Zakat in Islam
Zakat is one of the Five Pillars of Islam and is considered as an act of worship. It is a means of purifying wealth and is seen as a way to increase blessings and barakah in one's wealth. Zakat is also a way of fulfilling one's obligation to support the needy and the poor in the society.
How to Calculate Zakat?
Calculating zakat is a straightforward process. It involves determining the amount of wealth that is liable for zakat and calculating the zakat due on that wealth. The most common types of wealth that are subject to zakat include cash, gold, silver, business assets, and investments.
To calculate zakat on cash and bank deposits, you need to add up the total amount of cash and savings you have, including money in your bank accounts. Deduct any debts that you owe from this amount. If the remaining amount is above the nisab (the minimum amount of wealth that is liable for zakat), you will need to pay 2.5% of that amount as zakat.
Zakat Calculation on Business Assets and Investments
Calculating zakat on business assets and investments can be more complex, as it requires determining the value of assets and investments and deducting any liabilities. The zakat rate for business assets and investments is 2.5%, just like cash and bank deposits.
Zakat Calculator Tools
There are many zakat calculator tools available online that can help you calculate your zakat easily and accurately. Some of the best zakat calculator tools include:
Zakat Foundation : [ Ссылка ] This website provides a comprehensive zakat calculator that allows you to calculate your zakat on cash, investments, and business assets.
Zakat Calculator by Islamic Relief: This calculator allows you to calculate your zakat on various types of wealth, including cash, gold, silver, and business assets.
Zakat Calculator by Human Appeal International: This calculator is designed for Muslims in the UK and allows you to calculate your zakat on cash, gold, silver, and investments.
Zakat Calculator App: There are several zakat calculator apps available for Android and iOS devices that allow you to calculate your zakat on the go.
Can Zakat be Given Anytime?
Zakat can be given at any time of the year, although it is recommended to give it during Ramadan, the holy month of fasting. Zakat can be given directly to the needy or through an Islamic organization that distributes zakat.
In conclusion, zakat is an important obligation for Muslims that helps to purify wealth and support the needy and the poor. Calculating zakat is a straightforward process that can be done using zakat calculator tools available online. It is recommended to give zakat during Ramadan, although it can be given at any time of the year.
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