Zakat, or almsgiving to the poor and needy, is an integral part of and one of the five pillars of Islam. Zakat is derived from the root word “zaka“, which means “increase and purification”, signifying that the giving of zakat “purifies” and also “increases” existing wealth
Zakat is mentioned several times in the Quran, including:
“We ˹also˺ made them leaders, guiding by Our command, and inspired them to do good deeds, establish prayer, and pay alms-tax. And they were devoted to Our worship.” Quran 21:73 (Surah Al-Anbya)
“They are those who, if established in the land by Us, would perform prayer, pay alms-tax, encourage what is good, and forbid what is evil. And with Allah rests the outcome of all affairs.” Quran 22:41 (Surah Al-Hajj)
“Alms-tax is only for the poor and the needy, for those employed to administer it, for those whose hearts are attracted ˹to the faith˺, for ˹freeing˺ slaves, for those in debt, for Allah’s cause, and for ˹needy˺ travellers. ˹This is˺ an obligation from Allah. And Allah is All-Knowing, All-Wise.” Quran 9:60 (Surah At-Tawbah)
The calculation of zakat is based on a percentage of a person’s total wealth, and it is obligatory for everyone who meets the given criteria. Muslims must pay 2.5% of their total wealth as zakat if their total wealth exceeds nisab, which is equivalent to 87.48 grams or 3 ounces of gold or 612.36 grams or 21 ounces of silver. Nisab is the minimum amount of wealth a person must possess before they are obligated to pay zakat.
At LifeSpring Well-being Foundation, we collect and distribute zakat donations in a fair and transparent manner. While zakat collectors are entitled to a certain portion of the collected funds for their efforts, we at the LifeSpring Well-being Foundation do not keep any part of the zakat donation to support our logistical costs – the entirety of your zakat donation is given to a charitable cause.
You can be assured that your zakat contribution will make a meaningful impact in the lives of those who are most in need. The collected funds will be used to provide income generation sources (such as sewing machines, rickshaws and vans), fund medical and educational expenses, and build homes for needy families in the most underdeveloped regions of Bangladesh, like Bhola and Bagerhat districts. Your generosity will help us create a better and more equitable world for those who are less fortunate and make a positive, lasting difference in the lives of many.
Through your zakat donation you can:
Provide permanent income generation sources through
Sewing machine (BDT 7,000 | USD 70 | GBP 55 | AUD 100)
Van (BDT 22,000 | USD 210 | GBP 175 | AUD 315)
Rickshaw (BDT 22,000 | USD 210 | GBP 175 | AUD 315)
Fund medical and educational expenses
Build modular homes (BDT 40,000 | USD 380 | GBP 315 | AUD 570)
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
With enthusiastic employees and volunteers, we are ready to support you no matter any time..