Zakat is an Islamic financial obligation or a form of alms-giving and purification of wealth. It is one of the five pillars of Islam and is obligated upon all able Muslims who can afford it. The word "Zakat" means "to purify" and "to grow", and this practice requires Muslims to donate a certain percentage of their wealth or possessions to the poor and needy.
Zakat is an important part of the Islamic faith because it serves as a means of providing economic justice and promoting social welfare. It encourages Muslims to be charitable and compassionate towards the less fortunate members of society, and it helps to establish a sense of community and solidarity among Muslims. Zakat also serves as a means of purifying one's wealth, which is seen as a form of spiritual purification and as a means of obtaining God's blessings and forgiveness.
By giving Zakat, Muslims are fulfilling their religious and social responsibilities, and contributing towards the development of their Muslim community. The money collected through Zakat is used to support various charitable causes, including the poor, orphans, widows, disabled, and other vulnerable groups in society, and thus, it helps to uplift those who are disadvantaged and marginalized.