Zakat is an important aspect of the Islamic faith, and it is particularly emphasised during the month of Ramadan. The word “zakat” literally means “purification” and refers to the act of giving a portion of one’s wealth to those in need.
In this article, we’ll talk about the different parts of zakat, like why it’s during Ramadan, who can get it, and how much given. Additionally, we will discuss the 8 recipients of zakat, as well as provide some tips for effective zakat fundraising.
What Is Zakat?
All Muslims with more than a particular amount of wealth, obligated to give to charity in the form of zakat. In Islam, The Five Pillars along with the proclamation of faith, prayer, fasting, and pilgrimage. The purpose of zakat is to purify one’s wealth and to help those in need.
Why Is Zakat Performed During Ramadan?
Ramadan is considered to be the most sacred month in the Islamic calendar, and it is believed that the rewards for good deeds are multiplied during this time.
As such, many Muslims choose to fulfill their zakat obligations during Ramadan, as it is believed that their zakat will be more beneficial for both the giver and the receiver.
Additionally, Ramadan is a time of increased reflection and spiritual growth, and giving zakat, seen as a way to align one’s wealth with their spiritual values.
Who Is Eligible For Zakat?
All adult Muslims with more than a specified amount of wealth (the “nisab”) obligated to pay zakat according to Islamic law. Depending on the region and the local currency, the nisab can be anywhere from about $3,000 to $7,000, reflecting fluctuations in the price of gold and silver.
Additionally, only money that has retained for a complete lunar year is subject to zakat. This indicates that a person may wait until the following year compelled to pay zakat on newly obtained money.
How Much Zakat Should Be Given?
The amount of zakat that should be given is 2.5% of one’s wealth above the nisab. However, it is important to note that this is a minimum amount, and many Muslims choose to give more. Additionally, it is important to note that zakat should not cause undue hardship for the giver.
Who Are The 8 Recipients of Zakat?
According to Islamic teachings, there are 8 specific groups of people who are eligible to receive zakat. These include:
- The poor
- The needy
- Those working to collect and distribute zakat
- Those whose hearts are to be reconciled (such as converts to Islam)
- Those in slavery or debt
- Those on a journey in need of assistance
- Those fighting in the way of Allah (jihad)
- The wayfarer (stranded traveller)
What Are The Best Zakat Fundraising Ideas?
- Crowdfunding At Why Donate: One of the most popular ways to fundraise for zakat is through crowdfunding platforms such as Why Donate. This allows individuals to set up a campaign and share it with their community, making it easy for people to contribute.
- Make Sure To Be Present On Social Media: Social media platforms like Facebook, Twitter, Instagram, and LinkedIn are a great way to connect with potential donors. Share your fundraising campaign on social media platforms, and make sure to keep your followers updated on your progress.
- Be Transparent: It is important to be transparent about how the funds will be used and how they will benefit the recipients. Share stories and pictures of how your zakat campaign is helping those in need.
- Peer-To-Peer Fundraising: Encourage friends, family members, and community members to fundraise on your behalf. This allows you to reach a wider audience and make it easy for people to contribute.
- Ramadan Charity Event For Zakat: Organising a charity event during Ramadan is a great way to raise funds for zakat. This can include a dinner, a silent auction, or a bake sale.
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From food packs to Iftar meals, to Eid gifts and more, your Zakat is precious. Calculate your Zakat and donate today.
‘Whoever draws near to Allah by performing any virtuous deed (in Ramadan) shall be like the one who had performed an obligatory act (Fard) in any other time, and whoever performs an obligatory act (Fard), shall be like the one who performed seventy obligatory acts in any other time.’ (Al-Bayhaqi).
During the holy month of Ramadan, Muslims around the world focus their attention on the pillar of Islam known as zakat. It’s a mandatory kind of giving for Muslims with financial means.
Individuals can ensure they are meeting their zakat requirements in the most efficient way by learning about the 8 recipients of zakat, the 8 categories of people, entitled to receive zakat, and the purpose of zakat.
Additionally, by using effective fundraising strategies such as crowdfunding, social media, transparency, peer-to-peer fundraising, and organising charity events, individuals can raise funds for zakat and help those in need. Zakat is a religious duty that purifies riches and helps the poor.