Zakat is one of the Five Pillars of Islam. Zakat is a religious obligation, ordering all Muslims who meet the necessary criteria to donate a certain portion of wealth each year to charitable causes. With the literal meaning of the word being ‘to cleanse,’.
Give away money to the poor is said to purify yearly earnings that are over and above what is required to provide the essential need of a person or family. Zakat is also a spiritual connection to one’s maker – to purify your wealth for the will of Allah is to acknowledge that everything we own belongs to Him, and it is for Him that we strive to end poverty and help our brothers and sisters.
Every year Muslims around the World pay heavy amount of zakat to help the brothers and sisters that are in need.
Zakat is officially recommended to be at least 2.5% of your disposable income.
One should have to pay Zakat once he meet minimum threshold of nisab. Nisab is a term that often appears alongside zakat. It is a threshold, referring to the minimum amount of wealth and possessions that a Muslim must own before being obligated to pay zakat. In other words, if personal wealth is below the nisab during one lunar year, no zakat is owed for that period. The nisab by the gold standard is 3 ounces of gold (87.48 grammes) or its cash equivalent.
This app is specially developed for those who don't know how to calculate zakat or they are eligible to pay Zakat. You can calculate zakat for your previous years and can save record. User have to login in case they want to save there zakat record.
In this app zakat calculator is based on:
Jewelery Items
Cash
Bank deposite
Savings
Business Value
Investments
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