What is Zakat?
Zakat is a third pillar of Islam. Zakat is an obligatory charity. It is made mandatory for Muslims whose assets reach or exceed the Zakat Nisab.
What is Zakat Nisab?
It is a threshold which when your wealth reaches or exceeds make it mandatory for you to pay the Zakat.
Who Should Pay Zakat?
The payer of Zakat should be:
1. Adult
2. Sane
3. And Muslim
What is Crypto Asset?
Crypto assets are digital assets that represent value that used cryptographic encryption technique.
What are the Different Type of Crypto assets?
1. Coins/payment tokens/exchange tokens
2. Security tokens
3. Utility tokens
4. Asset-backed tokens
5. Platform tokens
6. etc
All the tokens mentioned above are Zakatable, if these tokens represent ownership in an asset and the tokens are bought with intention to resell.
So donate your Zakat to your prospective beneficiaries through us (AWF), we will then complement your Ibadah by offering the following values to the recipients of the Zakat.
Our values to the beneficiaries of your Zakat include:
Financial Inclusion: AWF brings the prospective beneficiaries into our microcredit and microfinancing scheme by removing the barriers that exclude minority groups like women and differently-abled people.
Training on skills acquisition: Beneficiaries will have the opportunity to intern and gain skills that will make them productive in the investment of the Zakat.
Training on simple book keeping: AWF organises financial literacy workshops to train beneficiaries on simple book keeping and accounting to enable them evaluate the costs of their businesses.
Advisory services: Zakat beneficiaries enjoy free consultation services to facilitate judicious use of the Zakat
Records and statistics: AWF collects data and analyses it to deduce how best Zakat can be employed to improve the socio-economic standards of its beneficiaries
Impact assessment: AWF will monitor, evaluate or assess the impact of your Zakat to the beneficiaries and their immediate community.
What are you waiting for?
Pay your Zakat today so that, with you, we can make Zakat impacts to be felt by our community.
To learn more and donate, visit ⇒ https://www.almubarakwaqf.org/donate
Our Zakat Collection Account details are:
Name: Almubarak Waqf Foundation Zakat Collection Account
Account No.: 0693545025
Bank: Guaranty Trust Bank (GTBANK)
Follow us on social media:
1. Twitter: https://www.twitter.com/almubarakwaqf
2. Facebook: https://www.facebook.com/almubarakwaqf
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4. Linkedin: https://www.linkedin.com/in/almubarakwaqf
Call: +2348032408980, +2348028585115
Or visit us at Almubarak Waqf Foundation, Islamic Forum of Nigeria Headquarters, Guda Abdullahi Road, Farm Center, Kano State.
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