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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. |