What is Zakat (Zakah)?
Zakat is the amount of money that every adult, mentally stable, free, and financially able Muslim, male and female, has to pay to support specific categories of people. This category of people is defined in surah at-Taubah (9) verse 60: “The alms are only for the poor and the needy, and those who collect them, and those whose hearts are to be reconciled, and to free the captives and the debtors, and for the cause of Allah, and (for) the wayfarers; a duty imposed by Allah. Allah is knower, Wise.” (The Holy Qur’an 9:60).
The obligatory nature of Zakat is firmly established in the Qur’an, the Sunnah (or hadith), and the consensus of the companions and the Muslim scholars. Allah states in Surah at-Taubah verses 34-35: “O ye who believe! there are indeed many among the priests and anchorites, who in Falsehood devour the substance of men and hinder (them) from the way of Allah”.
Zakat is obligatory when a certain amount of money, called the nisab is reached or exceeded. Zakat is not obligatory if the amount owned is less than this nisab.
Global Helping Hands uses zakat to help some of the world’s poorest and most destitute communities. Your donations bring joy to these people and bring hope that one day they will be able to give rather than receive zakat.
“Of their goods, take zakat, so that you might purify and sanctify them.” (9:103, Qur’an)
Nisaab for gold as our Prophet (peace be upon him) has informed us (and for currencies made from gold) is 20 mithqaalan, a measure which is equivalent to 85 grams of pure gold (1 mithqaal = 4.25 grams). It becomes incumbent upon anyone who owns such an amount in any form to pay zakat on it in the amount of 2.5%.
Nisaab for silver and currencies made from silver is 200 dirhams, which is equivalent to 595 grams of pure silver (1 dirham = 2.975 grams). Likewise, it becomes incumbent upon anyone who owns such an amount in any form to pay zakat on it in the amount of 2.5%.
Use our Zakat Calculator to see if you are eligible.
How much is Nisaab?
Your Zakat contribution should be 2.5 percent of your total net worth. As a result, if your total assets (before any debts) were £1,000, you would pay £25.
The nisab is the bare minimum of wealth that a Muslim must have in order to be eligible to pay Zakat. The nisab threshold is the name given to this amount. The nisab threshold is calculated using two values: gold and silver. The nisab is worth 612.36 grammes of silver or 87.48 grammes of gold.
“And be steadfast in prayer and regular in charity: And whatever good ye send forth for your souls before you, ye shall find it with Allah” (Qur’an 2:110).
Frequently Asked Question
Here's a list of frequently asked questions you can refer to for more information:
Who is eligible to receive Zakat?
There are eight categories of people who are eligible to receive Zakat.
According to the rules laid out in the holy Qur’an, not every Muslim is required to pay Zakat. You must be over the age of puberty, of Muslim faith, of sound mind, free, and have a positive cash/goods flow, as well as personal wealth that exceeds the Nisab value to be eligible to pay Zakat.