Islamic Bank of Britain

Islamic Bank of Britain PLC

Phone: +44 (0)845 6060 786
Fax: +44 (0)121 452 7205
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Zakat service

Description
-For Muslims, Zakat is a Divine injunction and an ordinance from Allah himself. It is not a form of voluntary charity, alms giving or tax. Zakat is indispensable as it helps achieve reform, both financially and spiritually. It eliminates misery and greed from hearts and consolidates the economy, leading to its stability and prosperity.

In Sharia, Zakat refers to the determined share of wealth prescribed by Allah to be distributed among the deserving categories of those entitled to receive it.

The National Zakat Foundation (NZF) is a new charity which aims to utilise Zakat funds and voluntary donations collected in the UK for the benefit of local, deserving recipients. This group includes some of the most vulnerable members of our community, including widows, orphans, refugees, the aged as well as the homeless. The work of NZF covers five core areas which together form an end-to-end service for the Muslim community in the UK with respect to Zakat: Awareness, Education, Calculation, Collection and Distribution.

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