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Benefits of Zakat

Benefits of Zakat

In Islam, there are 5 main pillars that followers are supposed to adhere to and Zakat is amongst these pillars. Zakat is essentially a kind of transfer payment that a Muslim gives to poor people. Through paying Zakat, Muslims purify and clean their wealth. This wealth is used by the community for reducing poverty levels and improving quality of life.

1. Increases production volume

Whenever Zakat is rewarded to poor people, various goods are bought by these people. In effect, this increases the overall demand for these products in the industries. The manufacturers have to meet the growing need of goods and services through increasing their overall production volume.

2. Boosts income level

Zakat increases income level because of the circulation of money and other resources within the local economy. Generally, it acts like an unemployment benefit package. This is because it is largely given to underprivileged individuals to help them cope with their harsh financial conditions.

3. Lowers unemployment rates

With the money received from Zakat, poor people can engage in business and thus make lots of profit. Furthermore, Zakat increases production needs and thus creates employment opportunities in industries. Unemployed individuals can apply for such positions and thus lower the rates of unemployed people in the country.

4. Raises living standards

Zakat not only raises the living standards of individuals who are unable to fend for themselves, but it also ensures that these people can live comfy lives. Through circulating wealth around the community, Zakat assists in preventing the likelihood of recession.

5. Prevents wealth inequality

Since Zakat is handed out by rich people to the underprivileged population, it assists to lower the rising wealth inequality. In effect, the gap between poor and rich individuals is reduced significantly.

Finally, Zakat also reduces crimes as people do not have to steal to survive.

Benefits of Zakat



1 User Submission

  1. Dear Brothers/Sisters,
    Assalamu Alaikum wa Rahmatullahi wa Barakatuhu
    With due respect I would like to let you know that I am a highly distressed person in the human society. I have been leading a heavy distressful life for last few years. There are four members in my family. To mitigate the regular and most basic expenses of myself & my family I had to borrow money from my relatives and known peoples in my society. Gradually the amount of borrowed money is becoming greater. My social security has already been destroyed. My lenders have already started to create pressure to me. In such situation my own & my family member’s lives are always in risk. I have two kids and they are school going. Both the kids are brilliant but I can’t provide them required support in all respect. As a result prospective future of these kids is also going to be uncertain. This is really an unbearable situation and shock for a father.
    I have a good intension to repay all of my loans. Besides I need to do/establish something for mitigating my family expenses on regular basis. But without money nothing is possible. The reason why I need financial help of peoples who are rich and who are in a position to provide financial help to me.
    Understanding my crucial situation would you please extend your hand of co-operation to help me to survive with my family? I also would like to mention here that I need at least one hundred and fifty thousand US$ to mitigate my present need.
    I will give you my bank account particulars if you please agree to provide financial help to me. Await to receive your cordial response by return mail (E-mail: mostaqueminar@gmail.com

    Thanking by
    Md.Atiqur Rashid
    Bank A/C No- s/a 20502240200128108
    Swift coad No-IBBLBDDH177
    Islami Bank Bangladesh Ltd, idb bhaban Branch
    Dhaka .Bangladesh

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