Where can I give my Zakat Online?

Published on

5/21/2024

Zakat

These days, you can pay your yearly Zakat charity donation easily online with just a few clicks!

In this guide, we’ll explain everything you need to know about giving Zakat online. We’ll cover what Zakat is, how it is calculated, who can receive Zakat funds.

What is Zakat?

Zakat

Zakat is one of the five pillars of Islam that all Muslims must follow. It is a yearly charity payment of 2.5% of your total wealth above a certain minimum level called “nisab.”

The nisab amount is equal to around $5,000 USD worth of total assets you own, including cash, property, investments, businesses, and valuable items like gold and jewelry.

Giving Zakat helps purify your remaining wealth and earnings. It also provides crucial financial support to underprivileged Muslims in need across the world.

The Quran teaches that Zakat protects you from greed and an excessive love for material possessions. Paying your annual 2.5% Zakat with a sincere intention pleases Allah and brings great spiritual benefits.

How to Calculate Your Zakat Payment

To calculate how much Zakat you owe each year, follow these simple steps:

  1. Add up the total value of all your assets: cash, properties, cars, business inventory, stocks/investments, gold, etc.
  2. Subtract any debts or loans you still have to pay off.
  3. The remaining total is your “zakat-able” net worth.
  4. If this exceeds the $5,000 nisab level, you must pay 2.5% of the amount over $5,000 as Zakat.

For example, if your total assets are $100,000 and you have $20,000 remaining debts, your net worth is $80,000. Since this is over the $5,000 nisab, you would owe 2.5% of $75,000 (the amount over nisab), which equals $1,875 as your yearly Zakat.

You only need to calculate and pay this 2.5% Zakat once every lunar year, on the same date. The obligation resets annually on this date.

Who Can Receive Zakat Funds?

Zakat

It’s critical that your Zakat payment goes towards legitimate causes and people approved by Islamic law. According to the Quran, Zakat funds can only be given to:

  • The very poor who cannot meet basic needs
  • The needy who lack sufficient provisions
  • Those burdened by debt they cannot repay
  • New Muslims who need financial support
  • Organizations working to spread Islam
  • Travelers stranded without money

Zakat cannot be given to non-Muslims. It must solely benefit underprivileged Muslims and just Islamic efforts that serve the greater good of the community.

In some cases, you may be exempt from paying Zakat if you are a child, mentally unfit, or rely completely on charity yourself to survive.

Paying Zakat Online

To pay your yearly Zakat obligation online through, just visit the online websites of zakat donation. Here’s how easy it is:

  1. Use their simple online calculator to determine your precise 2.5% Zakat amount based on your income, assets and debts.
  2. Proceed to make your payment digitally via debit/credit card, PayPal, direct bank transfer, and mobile wallets.
  3. Choose to pay as a one-time donation or set up automatic recurring annual Zakat payments.
  4. And like this complete your zakat in just few clicks.

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