Zakat The Prescribed Charity

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The fourth pillar of Islam, Zakat, is the giving of alms
out of one’s own private means at a minimum fixed
rate of 2.5% per annum. This money is given in the
name of God and is to be spent on worthy religious
causes and on meeting the needs of the poor and
the helpless.
Zakat is in the nature of an annual reminder to man
that everything he possesses belongs to God, and
that nothing should, therefore, he withheld from
Him.

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