Zakat is one of Islam’s 5 pillars and an essential obligation for Muslims with the financial means to perform it. It is a form of charity that is mandatory for sane, adult Muslims who meet certain eligibility criteria. This article will outline the steps to perform zakat in a simple and easy-to-understand manner. Following these […]
The etiquette of giving zakat lies in making the intention (niyyah) before giving it to its recipients. Piety and sincerity are also other preconditions for giving zakat, as it’s an act of worship that requires the purification of the heart in the first place. This article will further explore the etiquette of giving zakat to […]
The holy month of Ramadan is highly regarded by Muslims, and it has great value in Islam. It is a month where acts of virtue are encouraged, particularly giving charity to the poor. During this month, we should feel the pain of those in need and increase our virtuous deeds. Thus, Muslims should seize the […]
Ramadan is indeed the most ideal time of the year for self-introspection and self-awareness. This process entails an inner process of heart purification which is conducted through fasting not only from food and drink but also from all kinds of worldly, sensual pleasures. In this article, we discuss what role Ramadan plays in cleansing our […]
The holy month of Ramadan provides a great opportunity for Muslims to elevate their spiritual status and go through a process of self-assessment. There are many values that Muslims learn in this blessed month by fasting, such as self-discipline and patience. This article will shed light on the many essential values related to the holy […]
Islam is a religion that has a contemporary renewable outlook with flexible principles in all aspects of life. One of the manifestations of that is zakat on cryptocurrency. How is zakat calculated on cryptocurrency? And what are zakatable assets in cryptocurrency? This is what we will find out in this article. Cryptocurrency and zakat Zakat […]
Zakat is one form of charity in Islam. It purifies one’s wealth, whether that wealth is cash, gold, shares, or stocks. What is stocks’ and shares’ zakat? And how can you calculate it? This is what we will discuss in this article. What are shares? First, let’s define the difference between stocks and shares. ‘Stock’ […]
The literal meaning of Zakat is to purify your wealth by donating a portion of one’s wealth to those in need. The Zakat Meaning Islam teaches all Muslims to take care of one another and give a helping hand to those brothers and sisters who are in need, to provide support whenever needed, and to […]
Interest (Riba) in Islam Interest or (Riba) is an Arabic word that means “to increase or to exceed.” It refers to the charging of interest on loans or financial transactions. This practice is considered forbidden, or haram, in Islamic law because it is seen as exploitative and unfairly burdensome for the borrower. Islamic law (Shari’a) […]