Paying Zakat is one of the five pillars of Islam, given that one has wealth that exceeds a certain amount. The Holy Prophet (PBUH) and his caliphs (RA) went to great lengths to ensure that Muslims during that time offered their Zakat- there is a reason it is deemed one of the five essential deeds that a Muslim must engage in. On the face of it, Zakat is an act that entails losing money and getting less wealthy. What is true, however, is that there is perhaps no better way to multiply your wealth than to pay Zakat. Here’s how: Allah (SWT) Has not only promised to repay our Zakat manifold, but Has also promised Jannah with it! "Who is he that will lend to Allah a goodly loan, then (Allah) will increase it manifold to his credit (in repaying), and he will have (besides) a good reward (i.e. Paradise)." (Surah Al Hadid : 11) Believe us yet? When the Almighty (SWT) promises to pay back the Zakat that you have offered and when He offers to pay it back manifold (without defining the parameters of multiplication), any smart businessman would tell you to take up on the offer as soon as possible! Even if He (SWT) weren’t to return our Zakat, if the promise for Zakat is Paradise, it is perhaps the best deal in the history of the world. If we are offered all the blessings of the world for eternity in return for miniscule material possessions, what is stopping us from availing the offer? It boosts the economy! Zakat is essentially an economic method of wealth distribution, which means that it is a way through which the wealth of the economy is more evenly distributed. When wealth is taken from the rich and given to the poor, it increases their ability to contribute to the economy by way of consumption, which in turn increases the ability of the economy to invest in growth and development. Sounds confusing, doesn’t it? Basically, one of the long-term, tangible benefits of paying Zakah, just like the benefits of paying taxes, is that it allows for the economy to develop more evenly which means that each industry and social group benefits from the development. This is better than developing unevenly, which can cause unemployment in the long-run. Zakat, therefore, is a means of boosting the economy, which automatically also boosts your living standards and quality of life. Zakat gives you something much more than money: Lots and lots of thawab! There are numerous Ahadith and Quranic verses that promise heaps and heaps of reward in this world and the hereafter for paying Zakat. As Muslims, our biggest mistake is often prioritizing the perishables of this world over the eternal benefits of the next. Thawab is essential to attaining Jannah in the hereafter; since paying Zakat is an easy task that is of little burden, it is perhaps one of the best routes to Jannah. As mentioned previously, there is a reason Zakat is deemed one of the five most essential actions that a Muslim must engage in. Not only is it a sure-shot way of increasing one’s wealth in this world, but it is also the perfect route to eternal peace and luxury.Calculate the amount of payable Zakat through Zakat Calculator
If you want to pay Zakat but don't know where to give it, you can donate to HCI (Human Concern International) which hosts different campaigns to help Muslims all over the world in battling poverty.