Change Lives With Your Zakat
Zakat, the third pillar of Islam, is a transformative act of worship that purifies your wealth and uplifts communities. As a Muslim whose wealth exceeds the Nisab threshold, you’re obligated to give 2.5% of your eligible assets annually. This sacred duty not only cleanses your wealth but also creates a profound impact on those in need, fostering positive change throughout our global Ummah.
At READ Foundation, we channel your Zakat to provide quality education to children worldwide, breaking the cycle of poverty and building brighter futures. By entrusting your Zakat to us, you’re not just fulfilling a religious obligation—you’re investing in the potential of countless young minds, empowering them to become catalysts for change in their communities.
What is Nisab?
Nisab is the minimum wealth threshold for Zakat eligibility, equivalent to 87.48g of gold or 612.63g of silver, held for one lunar year. This ensures those with means support those in need, strengthening our Ummah.
Have Questions? Our Scholar Can Help
Need clarity on Zakat? Reach out to our scholar for reliable, insightful answers. We’re here to help you navigate your religious and spiritual obligations with expert guidance.
How To Calculate
Your Zakat
Calculating your Zakat is straightforward. First, determine your total zakatable assets, including cash, gold, silver, investments, and business inventory. Then, subtract any debts or liabilities. If the remaining amount exceeds the Nisab threshold (equivalent to 87.48g of gold or 612.63g of silver), calculate 2.5% of this sum. This 2.5% is your Zakat obligation. To simplify this process, use our online Zakat Calculator, which will help you determine your exact Zakat amount quickly and accurately.
The Importance Of Zakat
Zakat is one of the five pillars of Islam, alongside the testification of faith, prayer, fasting and the pilgrimage.
“Establish prayer, and pay the alms-tax (Zakat). Whatever good you send forth for yourselves, you will certainly find its reward with Allah. Surely Allah is All-Seeing of what you do.” [Surah Al-Baqarah 2:110]
How To Calculate Your Zakat
It is a mandated charity of 2.5% on all surplus wealth, obligatory upon every sane adult Muslim whose wealth is above a specific amount, known as the Nisab.
By giving Zakat, Muslims purify their wealth and help sustain economic balance by empowering the impoverished and alleviating their hardships.
What Your ZAKAT DOES
READ Foundation supports over 13,700 orphans worldwide, lifting them from poverty through education. YOUR Zakat helps us do this.
However, countless orphans and at-risk children across the globe still need immediate assistance and the opportunity for education. Your Zakat contributions are vital in equipping them with the gift of education, empowering them to break free from the shackles of poverty.
This Ramadan, don’t just give your Zakat – invest your Zakat in a child’s future.
What is Nisab?
Essentially, Nisab is the threshold of wealth a Muslim must hold for one lunar year to be eligible to pay Zakat. It is measured by the equivalent of 85 grams of gold or 595 grams of silver. This principle ensures that those with sufficient means fulfill their duty to support those in need, reinforcing the bonds of community and mutual care within the Ummah.
Calculating Your Zakat
In order to make the calculation process easier, we have created an online Zakat Calculator to help you work out exactly how much you need to donate.
Your Zakat is a sacred trust that we are committed to delivering with a great sense of responsibility and care. By entrusting your Zakat to READ Foundation, you are able to fulfill your religious obligation whilst helping children break free from the cycle of poverty.
ZAKAT QUESTION FORM
The wealth of a person
does not decrease by
paying Zakat - Sahih Bukhari
Your Zakat has the power to change lives through education and support countless families and their children. Break the vicious cycle of poverty with your Zakat.
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