Zakat, the annual obligation of Muslims to give away 2.5% of their wealth to charitable causes, has been a key pillar of Islamic finance since its inception. It is also one of the most misunderstood components of Islamic finance. The reality is that it is not merely a...
Whether a person is in debt, in a difficult financial situation, or in need of one-off help, Zakat- and the way we approach it- should be used to transform lives. The Swiss Zakat Foundation aims to make it easier for the Muslim community in Switzerland to understand,...
Sound and efficient management of Zakat allows its full potential to be explored, and opens it up to the multiplier effect. Only by pooling our collective resources can we give rise to this full potential. Far from being a new concept, in the first half of the 20th...
Zakat is the third pillar of Islam. It comes even before the fasting of the month of Ramadan. So its calculation and payment should not be left to chance. Our latest guide is here for that. After a year of work, the Swiss Zakat Foundation is pleased to publish its...
A foundation devoted to the professional management of Zakat is something new in Switzerland. It should have been the norm long ago. Given the importance of Zakat in the Islamic faith, the extent to which it has been ignored is surprising. With a few rare exceptions,...
Nowadays, Zakat is often confused with charity and treated as just a donation. Zakat actually includes many aspects that are still widely unknown ; The SZF’s mission is to reach Zakat’s maximum potential, and better help our society. Those of us who live in...
