Zakat Calculator 2011 is essential for everyone, because Zakat is one of the five basic pillars of Islam. It is an act of worship which “eliminates miserliness and greed from hearts and consolidates the Islamic economy, leading to its stability and prosperity”. If you fulfill this duty the Quran and hadith promise abundant reward in this world and in the hereafter – but if you evade zakat the Quran and hadith warn of the consequences. Zakat is obligatory like prayers and fasting. So, calculate your Zakat now with Zakat Calculator 2011 .
Charity (which includes zakat) is mentioned in at least eighty different places in the Quran and it is usually mentioned with Prayer. Both practices are fundamental in importance.
The Holy Quran states:
- And they have been commanded no more than this: to worship Allah offering Him sincere devotion being True (in faith); to establish regular prayer; and to practice regular charity; and that is the religion right and straight. (98:5).
- Those who Rehearse the Book of Allah establish regular prayer and spend (in charity) out of what we have provided for them secretly can openly hope for a Commerce that will never fail. (35:29).
- The Believers must (eventually) win through – Those who humble themselves in their prayers; Who avoid vain talk; Who are active in deeds of charity…….These will be the heirs, Who will inherit Paradise: they will dwell therein (for ever). (23:1-10).
You should use Zakat Calculator 2011 because it is fully complies with Islam, as our The Prophet (PBUH) clearly identified the assets that should be included in a zakat calculation and the zakat rates to be applied to these assets/income. At the time of the Prophet (PBUH) the common assets were gold and silver, livestock, business assets and land and crops. These assets are today complimented by “new” investments such as: shares and associated stock market instruments, property, superannuation funds, etc. Since these “new” investments did not exist at the time of the Prophet (PBUH), jurists/scholars differ on how they should be treated for zakat.
Click below to Download the Zakat Calculator 2011 Worksheet now.