Zakat
From islam.com
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Zakat |
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Zakat (Alms giving) is a part of devotion
enjoined upon Muslims by the Holy Quran. It is a means where the
well-off pay a set amount of their wealth. Zakat means to purify
oneself. It is obligatory on Muslims to pay a little percentage of their
accumulated wealth towards Zakat, which is used for the benefit of the
needy and the poor. Zakat is not levied on one's property that is in
personal use, rather on the assets which have a means of increasing and
which are surplus to one's needs. It is a means of social justice and
order. It teaches sympathy of the highest order.
From islam.com |