What is Zakat?
Zakat is the mandatory charity that is due by all adult Muslim's that reach the Nisab threshold (this is explained in the below videos).
Zakat cleanses the wealth of a believer.
The needy, wayfarers, people in debt and many more classifications of people can be recipients of Zakat.
2.5% of your wealth should be paid yearly as Zakat.
The amount can be paid at any time of the year to those that are in need.
A link can be found here to help you calculate your Zakat amount for the year: Zakat Calculator
The below video by Towards Eternity shows how Zakat is the solution to many of the worlds current problems.
The below video by Mufti Menk elaborates on the importance of Zakat.