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Zakah: The Third Pillar

Zaka: The Third Pillar
Understanding Nisab
Who receives Zakah?
When should Zakah be paid?
Investing & Zakah
Estimating your Zakah
Distributing your Zakah
Zakah Application

Saturna Capital Corporation, investment adviser and administrator
for Amana Mutual Funds, hopes to see all members of the Islamic
community prosper.

To help, we can calculate zakah donations on behalf of investors in
affiliated accounts.

The institution of Zakah offers numerous advantages to Muslims. Being a religious duty and an obligation on all Muslims, it offers the donor the inner satisfaction of a duty accomplished. It induces a feeling of pleasure in giving up wealth by teaching that only those funds on which the due Zakah has been paid are halal (legitimate) for appropriation or consumption. The very word Zakah means “sweetening,” and it implies that those funds on which Zakah has not been paid are “bitter.” The funds on which Zakah has been paid are promised to give satisfaction and reward in this world and the next (Qur'an 61:10-11); those on which no Zakah has been paid will bring suffering and punishment in this world and the certain fire of Hell (Qur'an 3:180).

 

Continue to Understanding Nisab Continue to Understanding Nisab

“From their wealth, take alms so that you might purify and sanctify them.” (Qur'an 9:103)

This verse means: "Take," O Messenger, a stipulated amount of alms "of their wealth," such as the obligatory Zakah, or "take" a voluntary unstipulated amount.

To "purify" is to purify them from the faults of stinginess, greed and meanness, and lack of remorse towards the needy, and other similar depravities.

To "sanctify" them is to develop and uplift themselves through righteous deeds and blessings until they are worthy of happiness on earth and in the Hereafter.

The Messenger of Allah (saws) said: "He who discharges Zakah of his property, his sins shall leave him." The Prophet Muhammad used to give to the needy all the money and gifts that exceeded his needs on a daily basis. He placed his faith in God to provide for his future needs.


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