10 Commandment of Charity

The world calls for, and expects from us, simplicity of life, the spirit of prayer, charity towards all, especially towards the lowly and the poor, obedience and humility, detachment, and self-sacrifice. Without this mark of holiness, our word will have difficulty in touching the heart of modern man.

There is no better feeling than doing well while you are doing well. If you really want to meet the nicest, most caring people in your field, get involved with charity work. The thankless hours that go into planning charity dinners, running a carnival, and gathering donations for silent auctions are noticed and appreciated.

We are constituted so that simple acts of kindness, such as giving to charity or expressing gratitude, have a positive effect on our long-term moods. The key to the happy life, it seems, is the good life: a life with sustained relationships, challenging work, and connections to community.

1.   Zakat means compulsory charity for purification of assets

2.   Zakat is one of the pillar of Islam

3.   Zakat is 2.5% on annual income of liquid assets such as on 85 gram gold, 595 gram silver and equivalent value of cash/mutual fund or on 85 gram value of gold by combining all three liquid assets.

4.   Zakat is compulsory on return on investment such as rented house, rented car, rented factory and rented land.

5.   Zakat is exempted on house on house, car, unused land, diamond or on debtor

6.   Calculation of zakat is based on annual income better calculate from Ramadan to Ramadan because Ramadan is the month of charity, punctuality, patience, sacrifice and spirituality.

7.   Zakat is only compulsory when liquid assets remains with you for full 12 months

8.   Zakat cannot be given to parents, grandparents, children, wife and descendants of Hazrat Mohammad PBUH.

9.   Zakat is given on priority to poor blood relative first then to neighbour, orphan and any poor human being.

10. You have to pay every year on fixed liquid assets such as gold and silver

Charity is a supreme virtue, and the great channel through which the mercy of God is passed onto mankind. The life of a man consists not in seeing visions and in dreaming dreams, but in active charity and in willing service. The practice of charity will bind us - will bind all men in one great brotherhood.

By Rab Di Meher, A national non governmental Organization