Can You Write Down The Significance Of Zakat?

It is great pillar of Islam. It has great importance in our life. The importance of Zakat will be cleared from the following discussion.

1: Test of faithfulness: It has a religious sanctity behind it. One who help the needy person from God's given wealth; it is his test of faithfulness

2: Obligatory on ummahs of all prophets: Zakat is a compulsory payment which was paid by the ummhas of all the prophet Salah and Zakat are two great pillars of Islam. Those who discard these pillars are false in their claim of Muslim.

3: Sign of believers: It never happened that any ummah believing in God was exempted from the obligation of Zakat.

4: Co-operation: Zakat is paid to the needy, poor, and deserver. The revenue collected from Zakat is spent for the welfare of the needy persons.

5: Eradication of social evils: The poor commit crimes like theft; Dacoit etc. due to low economic position. These social evils are eliminated to help the needy person.

6: Circulation of wealth: Zakat is an uncompromising enemy of hoarding. A Muslim has to pay Zakat on the hoarded money due to the fear of God. In this way the amount of money remains in circulation in the market.

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The meaning of "Zakat" is "growth and purification". It is that growth which is the result of God's blessing. The giving of "Zakat" out of one's money causes its growth. It also causes one's inner and spiritual purification.

According to the Holy Quran, every Muslim who is able to pay "Zakat" must pay it. Paying Zakat is an economic duty in Islam. It is the most important obligation after "Namaz".
Who can and must pay "Zakat"?

Any one who among other things, is a Muslim, is an adult, has enough money whose value increases with time, must pay "Zakat" at the end of the year.
How much "Zakat" is to be paid?

2.5% of the total asset like profit giving bank accounts, govt. certificates insurance policies, etc. is "Zakat"

To whom "Zakat" is to be given?

"Zakat" is to be given to really poor people, debtors, travelers, and so on.

Advantages of "Zakat" System:
Firstly, Rich and well-to-do people help needy and poor and satisfy their needs.
Secondly, they provide help to hospitals, schools, libraries, and different institutions for the progress and welfare of needy people in different fields of life.

Thirdly, when most people participate in "Zakat" they have a common Islamic feeling of doing their duty together. This promotes national unity.

Fourthly, when we please God and do our religious economicduty honestly, He blessed us and increases our wealth.

"Zakat" can prove to be a real blessing if it is used for productive and constructive purposes to the permanent benefit of the poor. Then only will it encourage investment and savings. Distributing money among the poor and needy directly after taking them from the rich is not enough at all.

Let us make "Zakat" the basis of our economy. If we make use of this Islamic institution in an intelligent way, do away with the old feudal system and wipe out corrupting, the country can be changed into a true welfare state.

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