With gold prices nearly doubling in a year, Muslims in Hyderabad are set to contribute significantly more Zakat this Ramzan. Zakat, one of Islam’s five pillars, requires 2.5 percent of annual savings to be given to the needy. Religious leaders emphasise its obligatory nature, regardless of rising costs.
Businessmen in Hyderabad are organising month-long Ramzan shopping fairs featuring celebrities and influencers. Religious scholars, however, argue that such events dilute the sanctity of the holy month, urging the community to avoid them.
