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.
The Muslims calculate the zakat, one of the five pillars of Islam, on one’s annual savings with at least 2.5 per cent of it to be distributed. It is mainly distributed during Ramzan.
Hyderabad: With the advent of Ramzan month, the pious people have started distributing ‘zakat’, to the needy groups in the society. Muslims calculate the zakat, one of the five pillars of Islam and an obligatory contribution of a certain portion of one’s wealth in support of the poor or needy or for other charitable purposes, […]
Many city based voluntary organisations, which are working with the Covid patients, have sought zakat donations to help people struggling to cope with the disease.