Why is Zakat 2.5 percent?

Published: May 1, 2021
zakat25perc

There are numerous Hadiths where companions explained the Prophets actions with regards to Zakat.

For example one such Hadith is:

“Ibn Maajah (1791) narrated from Ibn ‘Umar and ‘Aa’ishah (may Allah be pleased with them both) that the Prophet (blessings and peace of Allah be upon him) used to take from every twenty dinars or more, half a dinar, and from forty dinars, one dinar.”

This is equivalent to 2.5%

Please note that the 2.5% rate only applies to cash, gold and silver, and commercial items. There are other rates for farm and mining produce, and for animals.

More updates on our work

elderly disabled beneficiary lebanon

Elderly Sitter Project

May 6, 2021

Wael is an elderly disabled man, who lives with his three young children and wife in Borj Al Shmali camp…

Who is eligible to receive Zakat?

May 1, 2021

Zakat can be paid to specific individuals or groups who fall into one or more of eight zakatable categories spelled…

How does zakat alleviate poverty?

May 1, 2021

Zakat is a dutiful act prescribed by Allah on wealthy Muslims, who have reached the nisab threshold. It is an…