Zakat
(Alms giving) is a part of devotion enjoined upon Muslims
by the Holy Quran. It is a means where the well-off pay
a set amount of their wealth. Zakat means to purify oneself.
It is obligatory on Muslims to pay a little percentage of
their accumulated wealth towards Zakat, which is used for
the benefit of the needy and the poor.
Zakat is not levied on one's property that is in personal
use, rather on the assets which have a means of increasing
and which are surplus to one's needs. It is a means of social
justice and order. It teaches sympathy of the highest order.