CryptoZakat is an organization run by volunteers that was founded to promote a culture of giving amongst American Muslims who own cryptocurrency. Our goals are to help donors give more and help mosques, charities and other Muslim non-profits most efficiently accept donations of Bitcoin, Ethereum and other cryptocurrencies
Mission: Educate American Muslims on the benefits of donating appreciated assets and remove barriers that prevent Muslims from making tax-advantaged donations to help them give with greater impact.
Vision: Estabish a culture of increased generosity and generational wealth in the American Muslim community by helping American Muslims be strategic with their Zakat and charitable giving
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The donation process
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DISCLAIMER: CryptoZakat’s tools utilize API data from third party sources that can be prone to market volatility, which may cause divergence from the reported price of an asset while utilizing the tool and the price a donation is executed at. Cryptozakat’s price quotes should not be used when completing official tax documents. The tools and resources on CryptoZakat.io are for educational and informational purposes only and are not intended to constitute, and should not be relied on for, tax, legal or accounting advice. Some donations may require qualified appraisals in order to be granted tax exemption from the IRS. Optimal tax strategies can vary greatly from person to person and we strongly encourage users to seek qualified guidance from a certified professional accountant or registered tax lawyer.
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