Pay your Zakat
“Take from their money a charity to cleanse them and purify them” – Qur’an 9:103.
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 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).
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.
To be liable for Zakat, one’s wealth must amount to more than a threshold figure, termed the “nisab”.
To determine the nisab, the are two measures: either gold or silver.
Gold: The nisab by the gold standard is 3 ounces of gold (87.48 grammes) or its cash equivalent. This is approximately £2567.31 (07/06/2016) but will vary with the current market value of gold. For the latest prices, refer to the Online Zakat Calculator.
Silver: The nisab by the silver standard is 21 ounces of silver (612.36 grammes) or its equivalent in cash. This is approximately £217.69 (07/06/2016)
Use our Zakat Calculator to make your Zakat Donation to Aydin Foundation.
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