Zakat Al Mal. Zakat al mal or zakat on wealth and zakat al fitr the zakat of fast breaking for the completion of the fasting month of ramadan. Zakat al mal zakat is a religious obligation ordering all muslims who meet the necessary criteria to donate a certain portion of wealth each year to charitable causes.
Mira 510 form which is available on our website is to be used for the payment of zakat al mal. Zakah zakat al mal faq guide the meaning and purpose of zakat the literal meaning of zakat is to cleanse or purification. For every sane adult muslim who owns wealth over a certain amount known as the nisab he or she must pay 2 5 of that wealth as zakat.
In the islamic faith zakat means purifying your wealth for the will of allah swt.
Paying zakat is meant to remind muslims to be appreciative of the blessings that allah subhana wa ta ala has bestowed upon them and to help empower those who have less. Mira 510 form which is available on our website is to be used for the payment of zakat al mal. In addition to the taxpayer service centre zakat al mal can also paid at one of the branches or collection centres of mira established outside male city. Zakat al mal is compulsory on a muslim upon the following conditions.