Zakat Obligatory & Verified Organization by Launch Good
Zakat, meaning “to purify,” cleanses wealth and reminds us that all possessions belong to Allah. A sacred obligation for every able Muslim and one of Islam’s five pillars, Zakat is a powerful act of charity. It requires Muslims to give 2.5% of their wealth annually to help those in need, rooted in the principles of compassion and justice.
Zakat, designed as a communal welfare system, targets specific categories of individuals in need, as outlined in the Qur’an [At-Tawba] 9:60. Al-Mumtaz exclusively considers as Zakat obligation to the first two categories (the Poor and the Needy), ensuring direct or project-based support while respecting individual ownership for recipients.
Calculate your Zakat based on your total assets minus liabilities. Zakat is 2.5% of net zakatable wealth.