‘Zakaah,’ the Obligatory Annual Poor Due:
The word ‘Zakaah’ means purification and growth. An Important principle of Islam is that all things belong to Allah Almighty عَزَّوَجَلَّ. Muslims are enjoined to earn and spend their wealth in ways that are acceptable to Allah عَزَّوَجَلَّ, Most Exalted. The divinely designed system of Zakaah is the right of Almighty Allah عَزَّوَجَلَّ within His Dominion. It is neither a charity nor a tax, but an obligation due from Muslims who possess wealth in excess of their basic needs. Thus, the difference between Zakaah and tax is that a Muslim pays Zakaah willfully and on their own accord; they are the ones who supervise the payment.
Zakaah is only due when a person has the minimum required amount, which varies with the type of wealth. (Daarul Iftā Ahle Sunnat must be contacted for the details of Zakaah, email address: email@example.com
Zakaah cleanses a Muslim of greed, selfishness, and the love of the temporal world.