One of the Five Pillars of Islam, Zakat is a fundamental part of being a Muslim. Meaning purification, Zakat is the act of giving a set percentage of your total wealth to charity each lunar year and is required of every sane, adult Muslim whose accumulated wealth exceeds the current Zakat nisab value. Zakat is the annual payment made by Muslims to support those most in need. It is one of the Five Pillars of Islam and is a key part of the Islamic faith. By donating a percentage of your wealth in order to help those less fortunate than yourself, you can please Allah (SWT) while supporting your brothers and sisters across the world. Once your wealth has passed the Nisab threshold, you are eligible to pay Zakat. However, it is not paid straight away. Zakat should be paid after your wealth has been held for a full lunar year but only if the value remains above the minimum threshold amount. As defined by the Zakat rules, those eligible to pay must be muslim, free, of sound mind, past the age of puberty, have positive cash or goods flow, have a total personal wealth higher than the nisab value. Those eligible to receive assistance from Zakat payments include (Fakir) The poor who have no or low income, (Miskin) The needy who do not have a day’s food, (Amil) Those employed to distribute Zakat, (Riqab) Anyone in slavery or captivity, (Gharmin) Anyone in unmanageable debt, (Fisabillillah) Anyone who fights for Allah (SWT), (Ibnus Sabil) To assist stranded or struggling travelers, (Muallaf) Those new to the Muslim faith or friends of the Muslim community. When calculating your total wealth and assets, you must consider the following wealth which is the value of gold and silver items owned, money in your bank accounts or in cash at home, loans that you have given out, pensions, stocks, shares and investments, property owned as an investment (excluding the property you live in), farm and agricultural produce. Ensany Global Berhad is an international organization with almost 2 years of experience assisting some of the most vulnerable people in the world. The majority of our campaigns and appeals are Zakat-eligible, meaning that your donation has the power to really make a difference when you partner with us.