pillar 3 - Zakat

• Zakat - the practice of charity, giving money to those who need it
• Charity, giving


  The basic amount of money
• The Quran says that believers should give Sadaqah (voluntary charity)
• Zakat

  Mandatory charitable giving, 2.5% of one's wealth
• Zakat is a religious obligation and duty
• Sadaqah is optional, voluntary giving
• Types of giving


  • Zakat
  • Sadaqah
• Zakat


  • Purifies one's wealth
  • Teaches self-discipline
  • Eliminates greed
• Giving to charity

  Promised reward in Heaven (Jannah)
• Everything ultimately belongs to God, money is a test
• Zakat is 2.5% of one's net wealth, paid annually after basic necessities have been met
• Mere acquisition of wealth won't achieve a reward, giving allows for attainment of reward
• Zakat funds should not come from unlawful sources
• Sadaqah

  Voluntary charitable giving, from the heart
• Muslims often give Sadaqah to seek forgiveness or to thank God