“Islam is built upon five: to worship Allah and to disbelieve in what is worshiped besides him, to establish prayer, to give Zakat (charity), to perform Hajj pilgrimage to the house, and to fast the month of Ramadan.” (Bukhari)
Zakat is the annual charity given by Muslims to those that are less fortunate. Zakat is calculated as 2.5% (1/40) of one’s wealth when the persons collective wealth exceeds a certain amount known as “Nisaab”
The meaning of “Zakat” in Arabic lexicon is “To purify”. Muslims purify themselves and their wealth through giving Zakah.
Beneficiaries of zakat include orphans, widowed, poor Muslims, debt-ridden individuals, travellers, zakat collectors and new converts to Islam