How to Calculate Zakat on Profit

Zakat means blessing, purification, growth, and goodness because it purifies the wealth from which it is taken and protects it from misfortunes. Zakat is a determined portion taken from wealth and allocated to the poor, needy and other deserving people. It is mentioned in the Quran, (Surah Al-Taubah, No.9, Verse: 103): “Of their goods take alms, that so thou mightest purify and sanctify them; and pray on their behalf, verily thy prayers are a source of security for them.”

There's nothing more, nothing better than to spend each day of life in the servitude of humanity and at some point of time, when we’ll look at ourselves in the mirror wel feel content at heart, knowing we have fulfilled our responsibilities towards the society and its people. The existence of countless starving, poor, hungry and destitute Muslims and non-Muslims in the world points to the need that we must stand up and put into practice one of the essential teachings of Islam which is charity.

The life that we are spending each day is no less than a gift. We should be even more grateful because life has blessed us with so much comfort and pleasure. We have got stability in life as well as family, love, support, care, and warmth to cherish but for an instant think about them who are not as fortunate as we are!

The concept of charitable giving in Quran involves compassion, social justice, sharing, and strengthening of the weak and protecting the most vulnerable in our society. This ethical principle of giving is to correct social ills, reflect the moral values associated with the use of wealth and it is an effort required for the welfare of individuals and communities. In Islam, there are two terms referring to giving money to the needy; Zakat and Sadaqa. From the Islamic context, charity begins by giving money and extends to all acts of kindness and goodness in life, only conducted for the sake of Allah and it is abundantly rewarded by Allah.

According to Islamic principle, all things belong to Allah and that wealth is held by human beings in trust. The word Zakat means 'purification' and 'growth'. Our possessions are purified when we give a proportion for those in need and this act of giving balances and encourages new growth in our economy. Each Muslim calculates his or her own Zakat separately.

Once in your lifetime, you’ve probably faced a morning when you looked into the mirror and realize your life is missing something. You’re off purpose! You know you’ve so much in life to be grateful for, yet deep inside ,you can sense a void in your life which hints you’re disconnected to the meaning of life because you lack a high purpose in life.

Safest Way To Pay Zakat Online. Scammer and bluff masters are so common these days. There are many people who are unaware that their precious and personal assets and information is at stake. Security breaches are very common these days. A person having credit card is more at stake of getting robbed without even knowing it. It is your credit card that is mostly approached to access your personal data and information. In such situation, it is important to plan about how can you keep yourself financial information safe. Remember that there is no way you can stop these break-ins. However, there are many ways through which you can keep your funds safe and out of the ...

What Is The Meaning Of Zakat And What Is Zakat In Islam? Zakat is one of the most important pillars of Islam. It is mandatory for every muslim who is financially stable, to pay zakat to the poor and needy. Zakat is an act of worship which every muslim should perform to help the underprivileged muslims. In Quran, zakat is discussed for a number of times. According to Islam, zakat is meant to be paid in order to purify the wealth. Therefore, those muslims who have enough wealth have to give a little amount i.e. 2.5% of your wealth to the poor and needy. It is the duty of wealthy people to serve the deprived community by helping them in every possible way. Zakat is...

How to Calculate Zakat on Salary. If you are a job holder, some of all of these questions might have surrounded you once or twice in your life. To make sure that you are paying off all the religious obligations on you, in a better way, you must get answers to all these questions.

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