Characteristics of zakat
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Zakat is an Islamic finance term referring to the obligation that an individual has to donate a certain proportion of wealth each year to charitable causes. Zakat is a mandatory process for Muslims and is regarded as a form of worship.
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The benefits of Zakat, apart from helping the poor, are as follows:
- Obeying God.
- Helping a person acknowledge that everything comes from God on loan and that we do not really own anything ourselves. ...
- Acknowledging that whether we are rich or poor is God's choice. ...
- Learning self-discipline.
- Through Zakat, the poor are cared for; these include widows, orphans, the disabled, the needy and the destitute.
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