Paying zakat is more than a financial obligation; it is an act of spiritual purification. Through zakat, Muslims cleanse their wealth, protect it from mismanagement and nurture a heart of compassion, generosity and social responsibility.
It is a powerful means to benefit the community while simultaneously strengthening personal faith and character.
Zakat is the third pillar of Islam and a cornerstone of the Islamic socio-economic system. By contributing a portion of their wealth, Muslims fulfill a religious obligation, purify their wealth and support the well-being of the wider Muslim community.
Through zakat, individuals not only strengthen their faith but also help uplift the lives of those in need, fostering compassion, solidarity and social equity.
Zakat is classified into two main types: Zakat Fitrah and Zakat Harta.
Zakat Fitrah: A personal obligation for every capable Muslim, both male and female, payable according to Syariah conditions. It is traditionally given during the month of Ramadan to purify the fast, foster empathy for the less fortunate and support those in need.
Zakat Harta: This zakat is levied on a person’s accumulated wealth, including savings, investments, business assets and other valuables, once it reaches the nisab threshold and has been held for a full lunar year. Zakat Harta serves to redistribute wealth, support the needy and strengthen the socio-economic fabric of the Muslim community.
Zakat Fitrah
A personal zakat that is obligatory for every capable Muslim, both male and female, according to the conditions that have been set.
Zakat Harta
A zakat that is imposed on specific types of wealth and can be paid at any time. The rate for Zakat on Wealth and Income is 2.5% of the total value.
Income wealth refers to all types of wages, bonuses, payments, or earnings obtained from work or efforts.
Zakat perniagaan is the zakat that must be paid from the wealth generated by a business.
Money, whether in the form of notes, coins, or similar, is considered equivalent to gold and silver as a form of purchasing power.
This is the zakat that must be paid by shareholders or company owners who share in the profits or losses.
This is the zakat imposed on a person’s employment income that has been contributed to the Employees Provident Fund (EPF).
Zakat that is imposed on gold in any form, such as jewellery or investment, when it reaches the required nisab and haul.
Cryptocurrency is a form of currency created based on blockchain technology and digital technology.
Zakat padi must be paid based on the net yield from the sale of the rice (rice sales revenue minus the cost of producing the rice).
Fidyah is a penalty payment for individuals who are unable to make up their missed Ramadan fasts before the next Ramadan arrives.
Zakat imposed on silver—whether in the form of jewelry, coins, or silver savings—when it meets the required nisab and haul.
The primary purpose of zakat in Islam is to establish social justice and economic balance through the redistribution of wealth.
By contributing a portion of their assets to those in need, Muslims help narrow the gap between the wealthy and the less fortunate, while simultaneously purifying their hearts from greed and fostering a spirit of compassion.
Zakat strengthens social cohesion and promotes a just, caring society where members support one another, in alignment with Islamic values.
Zakat promotes social justice and economic balance by redistributing a portion of wealth to those in need.
This process provides direct support to the less fortunate, while also purifying the hearts of payers from greed, strengthening community ties and contributing to the reduction of poverty.
By fulfilling this obligation, zakat serves as a powerful tool for both personal spiritual growth and the betterment of society.