Wednesday, October 05, 2005

Zakat

If you have any savings that have exceeded a year, you have to pay 2.5% of it as Zakat for the poor. There are seven categories of people who are entitled to receive Zakat. Zakat is generally paid during the month of Ramadan because it is said that the reward for good deeds in this month is higher. Zakat is compulsory and is the fourth principle in the religion. It’s a good way of investing in the ‘not so well off’ part of the nation annually. People generally value their gold, land and whatever else they have to set aside a potion for this cause. That’s about it from what I know.

Highlights on Umrah - next time around.

3 comments:

Anonymous said...

For centuries past, they have avoided talking about him. They murdered the one who prophecised his coming. But the prophecy will reach it's destiny and be fulfilled. The next prophet is coming.

Tasha said...

Well, I guess there’s only one way to find out!

ahluqman said...

Automatic Zakat gives free payroll deduction information to Muslim employees of companies, government, military, and postal service, enabling regular payment of Zakat and Sadaqah to Islamic charities automatically. www.automaticzakat.com