Sahih international
Take, [O, Muhammed] from their wealth charity by which you purify them and cause them increase, and invoke [Allah's blessings] upon them. Indeed, your invocations are reassurance for them. Allah is Hearing and Knowing.
The eight categories of Zakat eligible causes described in the Qur’an are
- The indigent
- The needy
- Zakat administrators
- Those whose hearts need to be won over
- Freeing human beings from slavery/bondage
- The debt ridden
- Those who work in the path of God
- Travelers in need
“Indeed, [prescribed] charitable offerings are only [to be given] to the poor and the indigent, and to those who work on [administering] it, and to those whose hearts are to be reconciled, and to [free] those in bondage, and to the debt-ridden, and for the cause of God, and to the wayfarer. [This is] an obligation from God. And God is All-Knowing, All-Wise.” - Surah Tawbah, Verse 60
Articles For Non-profits
Join our mailing list to stay up to date with new features we are building
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.
Copyright © 2023 CryptoZakat.io. All rights reserved.