Zakat Calculation
Zakat

Unlocking Ramadan Generosity: Zakat Calculation & Distribution Tips

The third important part of Islam is zakat. It is a duty for Muslims to give away 2.5% of their annual savings as charity. The goal of zakat is to clean our wealth, both physically and mentally. It cleans our hearts from greed and makes sure that the poorest people in society are safe from hunger and poverty. Some certain factors and rules must be met to work out Zakat.

When you have certain kinds of wealth, you have to pay Zakat, and you have to give it to certain people at certain times. In the Holy Qur’an, Allah (SWT) said giving Zakat was important and tied to prayer. “Establish prayer, pay alms-tax, and bow down with those who bow down.” – (Al-Baqarah – verse 43).

What Is Ramadan Giving?

People think the rewards for doing good things are greater during Ramadan, so they give more during this holy month. Muslims are urged to do many kinds of charitable things, like giving food to people who are hungry and money to people who need it. Giving to others during Ramadan is not only a religious duty but also a way to clean up your wealth and seek spiritual benefits.

How to Calculate Zakat?

According to the present Nisab values, all Muslims who are able to do so must give Zakat. When these change from year to year, it’s hard to know how much to pay. Use the following nisab values for 2024 to make the rules for paying Zakat easier to understand. Then, put your values into the Zakat calculator 2024 to find out how much you should give in Zakat. If you want to learn everything you need to know about Zakat, click here.

Distribute zakat to eligible recipients

The last step is to give zakat to people who are qualified. In the Holy Quran, it says that zakat can be given to eight different types of people:

“Zakah expenditures are only for the poor and for the needy and for those employed to collect [zakah] and for bringing hearts together [for Islam] and for freeing captives [or slaves] and for those in debt and for the cause of Allah and for the [stranded] traveler – an obligation [imposed] by Allah. And Allah is Knowing and Wise.” – Al-Tawbah, 9:60

Conditions that Make Zakat Obligatory

We were told by Allah to give Zakat to people who earn it.

Zakat is not something that everyone has to do. Some things a Muslim must have in order to give Zakat are:

  • A person who is free. Slaves don’t need to pay Zakat.
  • As a Muslim. Like the five daily prayers, zakat is a moral duty for Muslims.
  • Sane: Imam Abu Hanifa says that the person who has to pay Zakat must be mentally sound. Imam Malik says that even if someone is crazy, they still have to pay Zakat.
  • A grown-up: Kids don’t have to pay zakat, even if they have enough money to make it due. On the other hand, both Imam Shafi’i and Imam Malik said that the zakat should be paid for the children by their caretakers.
  • In full possession and control of their wealth: The person must own and have the money and be free to spend or give it away however they want. It is against the law for someone to spend their money until they have been paid back..
  • Having more than the Nisab threshold: The person should have more than the set amount of money needed to meet their own and their families’ basic needs (Nisab).
  • Free from debt: If someone is in debt, they can take their bills out of their assets. If what’s left is more than the Nisab threshold, they have to pay zakat. If not, then no.

If someone has wealth that can be used for zakat for a full lunar year (Hijrah), they are required to give zakat as long as the overall amount of wealth exceeds the Nisab at the start and end of the year, regardless of any changes that happen during the months in between.

The Eligibles For Zakat

The Prophet said: Allah permitted not even a prophet to adjudge zakat[-worthiness]. Instead, He “Himself” ruled on it and allowed it in eight cases. Therefore, if you belong to any of these, I shall most surely give you your right. – Abû Dâ’ûd

Poor People

People are considered poor if they don’t have enough money to meet their basic needs and have to work hard every day to get food, clothes, and a place to live.

Needy people

Neddy people are the poorest people in the world. They need help just to meet their most basic wants and stay alive. This group is at the top of the list because of this. We should also give them our zakat money so they can get food and a place to live.

Zakat administrators

People who are in charge of collecting and giving out Zakat money are called managers. One group of people who receive Zakat money is those who help a group of poor people, collect Zakat, and give it to those people.

Those Who Have a Reconciliation of Heart

People who are new Muslims and people who are friends of Muslims are both seen as brothers in Islam. Because of this, Allah (SWT), who is powerful, has made them eligible for zakat.

To Free Those in Bondage

In the early days of Islam, a lot of people were held prisoners, forced to work, or held as slaves. Islam came into the world to give them their rights, and one of those rights was the right to zakat money.

The Debt-ridden

So, Allah, Who is Most Merciful, not only didn’t make people with bills pay zakat, He also let people who owe huge amounts of money pay zakat.

For The Cause of God

It’s only to make Allah Almighty happy. It’s really that easy. To please Allah, you don’t have to walk along long, hard, or difficult roads. You can always go the easy way. That’s right, “giving Zakat for the cause of Allah.” 

Wayfarer

Islam is a faith of kindness and compassion. That’s why, even non-Muslims, Islam has rules that apply to everyone (Ibaad Allah), like giving Zakat money to people who are lost or moving with little money.

FAQ

How to calculate Zakat during Ramadan?

2.5% of your Net Assets (Net Assets times 0.025) is how much Zakat you owe. When you give your Zakat, Islamic Relief Canada sends it to projects in the field that are qualified for Zakat.

How is Zakat calculated in Fitra?

For every family member, there must be at least one sa’, or four double handfuls, of food, grain, or dried fruit. Ibn ‘Umar said that the Prophet made Zakat al-Fitr mandatory and could be paid for with a sa’ of dried dates or a sa’ of wheat. This is what the math says.

How do you divide Zakat in Islam?

You can give all of your zakat to one person. You will get twice as much if this person is related to you. You could also split it into groups of relatives and non-relatives. You can give each person the same amount or more, depending on what they need.

Can I give Zakat to one person?

Zakat can be paid by one person who is allowed to. Giving this kind of person more than they need is not a good idea, though, unless you want them to get rich. If someone is wealthy, their net worth is at least Nisaab, which means they have to pay Zakat and not receive it. 

Final Words From Us

In its most basic form, Zakat is an important part of Islam. It is both a religious and social duty. But its goal is more than just giving money; it’s also meant to clean up one’s wealth and protect the poor from going hungry. By understanding Zakat’s rules and who it is meant for, you can ensure it is given out correctly, following the rules in the Quran.

During Ramadan, giving takes on a bigger meaning because it brings more benefits and cleans the soul. Muslims perform their religious duty by following the rules for calculating Zakat and giving it to eligible people. compassion and solidarity within society, embodying the true essence of Islamic charity and communal welfare.

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