Zakat, an essential pillar of Islam, holds remarkable promise not only as a religious duty but also as a driver of economic growth and societal welfare. It is calculated based on one’s accumulated ...

With the fasting month of Ramadan in its final days, many Muslims around the world prepare to fulfil another essential pillar of their faith – giving zakat. Zakat is a compulsory form of charity in ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Michael Boyle is an experienced ...

SINGAPORE - More than 6,000 low-income households are expected to receive a special year-end payout totalling $4.3 million ...

Zakah is the most important pillar of Islam after Prayer. The word “Zakah” means both ‘purification’ and ‘growth’; so, our possessions are purified by setting aside a proportion for those in need. The ...

The literal meaning of "Zakat" is purity. Its Islamic technical meaning designates the annual amount of wealth, food, property etc. which a Muslim with the adequate means must distribute among the ...

Wildan Al Hazmi, an IT worker at an Islamic school in Melbourne, is ready to celebrate Eid al-Fitr. His wife has prepared new clothes for their son and special Eid dishes to eat at Saturday's open ...

As the government has fixed the Nisab for Zakat at Rs179,689 for 1445-46AH, which is applicable to savings, profit and loss sharing accounts, and similar deposits, here’s a simple way to calculate ...

Passion projects and the people that fuel them continue to evolve into professions serving diverse populations in need across the globe. The Zakat Foundation of America recently celebrated 20 years of ...

Pakistanis are paying more than £1.7 billion ($2.19 billion) in zakat annually, with the vast majority of recipients being women, according to a study released this week by researchers from the ...

The award acknowledges Liberty’s meaningful role in promoting zakat contribution and awareness among its employees, and ...