What Is #Zakat And Why #Muslims Don't Talk About It Much https://sameerarshadkhatlani.blogspot.com/2020/05/what-is-zakat-and-why-muslims-dont-talk.html #eidmubarak2020

#Zakat is third pillar of #Islam's five foundational pillars but least talked about because of an emphasis on secrecy about charity in Islam. The #Prophet emphasised the God loves those who give much in charity but remain anonymous and uncelebrated https://sameerarshadkhatlani.blogspot.com/2020/05/what-is-zakat-and-why-muslims-dont-talk.html

#Muslims roughly account for the world’s 22% population and #Islamic finance, including #zakat, was estimated at almost $2 trillion in 2015. It was expected to surpass $3 trillion by 2020 https://sameerarshadkhatlani.blogspot.com/2020/05/what-is-zakat-and-why-muslims-dont-talk.html

#Zakat is equal to an individual’s 2.5% of investments, the value of gold and silver, and savings. #Muslims believe they are purified through the transfer of their wealth to the poor https://sameerarshadkhatlani.blogspot.com/2020/05/what-is-zakat-and-why-muslims-dont-talk.html

#Indonesian National Zakat Agency @baznasindonesia has sought to better utilise charitable funds and partnered with @UNICEF to mobilise #zakat funding to help children affected by humanitarian crises & to provide them with education, healthcare, nutrition https://sameerarshadkhatlani.blogspot.com/2020/05/what-is-zakat-and-why-muslims-dont-talk.html

#Muslims prefer offering mandatory #zakat (literally in #Arabic something that purifies), one of the many forms of charity in #Islam, during #Ramzan given the belief that good deeds bring bigger rewards during the fasting month https://sameerarshadkhatlani.blogspot.com/2020/05/what-is-zakat-and-why-muslims-dont-talk.html