Transcript

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A Guide to Zakat

The Islamic Religious Council of Singapore (Muis)

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Those who believe, and do deeds of righteousness, and establish regular prayers and Zakat,“

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will have their reward with their Lord: on them shall be no fear nor shall they grieve.”“

(Surah Al-Baqarah: 277)

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(The superstructure of ) Islam is raised on five (pillars): to utter an attestation of faith, performance of prayer, payment of Zakat, fast of Ramadan and pilgrimage (to Makkah).”

“Narrated by Ibnu Umar R.A.

What is the difference between Zakat & Sadaqah?

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Zakat Sadaqah

Wajib Sunnat

Pillar of Islam Not a Pillar of Islam

Has specific rates and amount (Nisab)

No specific rates and amount

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Zakat Sadaqah

Specific time / period (Haul)

Not time specific

Given to specified recipients

May be given to whoever the giver wishes

Those who do not give Zakat are punished

Those who do not give sadaqah are not punished

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Meaning of Zakat

In Language

Growth, multiplicity, fertile, cleanse and full of berkah

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In Context

Wealth that is • taken from specific groups• to be given to specific groups• at specific rates• when the stipulated period is met

Meaning of Zakat

Obligatory Conditions for

Zakat on Wealth

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Obligatory Conditions for Zakat on Wealth

Muslim

Full ownership of assets

NisabMarket value of 86 gram of gold

Completion of Haul Possession of the assets for one Hijrah year = 355 days

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Benefits of Zakat

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Benefits of Zakat✓For the Society

• Strengthens the bond between Muslims• Improves the society’s standard of living

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Benefits of Zakat

For the Zakat Payer

• Increases awareness and empathy towards those in need

• Encourages the spirit of giving and caring• Discourages one from being greedy and miserly• Builds a sense of gratitude towards Allah

(S.W.T)

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Benefits of Zakat

For the Zakat Recipient

• Assists in providing work-life support• Discourages ill feelings among the rich• Instills a sense of respect and care

towards those blessed with wealth

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For the Wealth

• Purifies the wealth• Increases the multiplicity

of wealth

Benefits of Zakat✓

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Types of Zakat

Zakat

Zakat on Wealth Zakat Fitrah

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Zakat on Savings

Zakat on CPF

Zakat on Business

Zakat on Gold

Zakat on Shares

Zakat on Insurance

Types of Zakat

Zakat on Wealth

What is the difference between

Zakat Fitrah & Zakat on Wealth?

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Zakat Fitrah Zakat on Wealth

Alms on every person Alms on wealth

Paid within stipulated time

No stipulated time

Amount is low and all Muslims are required to pay the same amount

Dependent on the amount of wealth the giver has

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Zakah expenditures are only for the poor, the needy, those employed to collect (Zakat), bringing hearts together (for Islam),

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freeing captives (or slaves), those in debt, for the cause of Allah and for the (stranded) traveler.“

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An obligation (imposed) by Allah. And Allah is Knowing and Wise.”“

(Surah At-Taubah: 60)

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8 Asnaf Zakat Recipients

Fakir

Amil

Muallaf

RiqabGharimin

Fisabilillah

Ibnussabil Miskin

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Fakir

One who has neither material possession nor means of livelihood; one who suffers, and has no means to sustain his/her daily needs.

Muis Disburses Your Zakat to All 8 Asnaf

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One with insufficient means of livelihood to meet his/her basic needs.

Miskin

Muis Disburses Your Zakat to All 8 Asnaf

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Amil

One who is appointed to collect Zakat and the expenses incurred in the administration of Zakat.

Muis Disburses Your Zakat to All 8 Asnaf

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Muallaf

One who recently embraced Islam.

Muis Disburses Your Zakat to All 8 Asnaf

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Riqab

One who wants to free himself from the bondage or shackles of slavery. In Singapore, this category of recipients is spent to those who need help to pursue their education.

Muis Disburses Your Zakat to All 8 Asnaf

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Gharimin

One who is in debt but needs assistance to meet his/her basic needs.

Muis Disburses Your Zakat to All 8 Asnaf

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Fisabilillah

Those who strive in the cause of Allah for the betterment of the community.

Muis Disburses Your Zakat to All 8 Asnaf

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Ibnussabil

Stranded travellers on a permissible journey.

Muis Disburses Your Zakat to All 8 Asnaf

When the conditions for haul and nisab are met, it is not only the savings account which remains stable that is required for Zakat.

Other types include

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! Did you know...

✓ Savings which fluctuate in amount

✓ Savings for the Haj Pilgrimage

✓ Savings for children’s account

✓ Savings for purchase of luxury

items like automobiles and houses

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Meaning of Zakat Fitrah

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Known as Zakat on the Person, Zakat of Ramadan or Zakat Fitri

Meaning of Zakat Fitrah

Act as a purification for our fast

Payment can be made throughout the month of Ramadan but must be before the start of Eidul Fitri prayers

Obligatory Conditions for

Zakat Fitrah

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Obligatory Conditions for Zakat Fitrah=Obligatory for every Muslim (man, woman, child, infant)

Owns more than 2.3 kilogram of staple food (rice)

Meets Ramadan and Syawal

Must be performed before takbiratul ihram solat Eid

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