Library
Zakat Principles
Understanding the divine obligation of Zakat — its rules, thresholds, and spiritual significance
Zakath – A Divine Obligation
What is Zakath?
Zakath means purification, growth, and blessing. It is the third pillar of Islam and a compulsory act of worship.
"Establish prayer and give Zakat…" — Qur'an 2:110
"Islam is built on five pillars… giving Zakat…" — Bukhari & Muslim
Who Must Pay Zakath?
Zakath becomes due when:
- You are a Muslim
- Your wealth reaches the Nisab (minimum threshold)
- One lunar year (Hawl) passes on that wealth
- The wealth is fully under your control
- It is surplus after meeting basic needs
Nisab (Threshold)
Zakath is obligatory if your wealth equals or exceeds:
Gold87.48 g
Silver612.36 g
When to Pay?
- Fix a date every year (commonly 1st Ramadan)
- Review your wealth and debts on that date
- Calculate and pay your Zakath (typically 2.5%)
Consistent timing ensures you don't miss the lunar year requirement.
Zakathable Assets
Zakath is due on:
Gold & Silver
Cash & Bank Balance
Investments & Shares
Business Goods
Mutual Funds
Livestock & Produce
The Spirit of Zakath
Purifies your wealth & soul
Brings barakah (blessings)
Ensures the rights of the needy
ZakathPay Promise
At ZakathPay, we help you:
Calculate your Zakat correctly
Deduct valid liabilities
Ensure 100% Shariah compliance
Deliver to rightful beneficiaries