Ibadah / Acts of Worship

Do I pay Zakat on crypto?

Yes, you do pay Zakat on crypto.

Zakat on Crypto: What You Need to Know

Zakat is one of the five pillars of Islam, and it is the obligatory charity that every Muslim who meets certain criteria must pay annually. Zakat is a way of purifying one’s wealth, expressing gratitude to Allah, and helping those who are in need. Zakat is calculated and paid on various types of wealth, such as money, gold, silver, livestock, crops, and business assets. But what about crypto? Crypto is a digital form of money that can be transferred securely and quickly over the internet. Crypto has become more popular and widely used in recent years, especially among young and tech-savvy Muslims. But do you have to pay Zakat on crypto? And if so, how do you calculate and pay it? In this article, we will answer these questions and provide some guidance on how to fulfill your Zakat obligation on crypto.

Do you have to pay Zakat on crypto?

The short answer is yes, you do have to pay Zakat on crypto, if certain conditions are met. these conditions are:

You own crypto that is equivalent or above the nisab, which is the minimum amount of wealth that makes one liable for Zakat. The nisab is based on the value of gold or silver, and it may vary depending on the source and the date of calculation. You can use a Zakat calculator to determine the nisab and the amount of Zakat you owe.
You have held the crypto for one lunar year, which is about 354 days. This means that you have not sold, exchanged, or spent the crypto during this period. If you have acquired more crypto during the year, you need to add it to your total and pay Zakat on it as well.
You intend to use the crypto as a form of currency or investment, not as a personal asset or utility. This means that you have bought the crypto with the intention of reselling it, trading it, or using it for transactions, not for storing data, accessing services, or expressing opinions.

If you meet these conditions, then you need to pay Zakat on your crypto at the rate of 2.5%, which is the same as the rate for money. You need to calculate the market value of your crypto in your local currency at the time of paying Zakat, and then multiply it by 0.025 to get the amount of Zakat you owe.

You can pay Zakat on your crypto in different ways, such as:

Converting your crypto into fiat currency and paying Zakat in cash or by bank transfer.
Donating your crypto directly to a charity that accepts crypto donations, such as our islamic charity which works to provide humanitarian aid and relief to the most vulnerable and marginalized people around the world.
Exchanging your crypto for goods or services that benefit the eligible recipients of Zakat, such as food, water, medicine, shelter, education, or protection.

We hope this helps you understand how to pay Zakat on your crypto and fulfill your religious obligation. May Allah reward you for your generosity and bless you and your family.

Cryptocurrency Ibadah / Acts of Worship Zakat

How Donating and Sadaqah Benefit Your Well-being

It is often said that “giving is receiving,” a sentiment that resonates across cultures and religious beliefs. With this in mind, let’s delve into how and why the act of giving—be it a simple donation or the religious practice of Sadaqah in Islam—can impact our health positively.

The Healing Power of Generosity
The act of giving is akin to planting seeds of goodwill. These seeds not only result in a garden of joy for those who receive your generosity but also bloom into flowers of well-being within you. This is not just a poetic analogy but a reality backed by scientific research.

Studies have shown that the act of giving can stimulate the release of endorphins, often referred to as “feel-good” hormones. These chemicals in the brain create a sense of joy and happiness, which is sometimes referred to as the “helper’s high.” But the benefits of giving extend beyond momentary happiness.

The Ripple Effect of Sadaqah on Health
In the context of Islamic teachings, Sadaqah—voluntary acts of charity and kindness—holds a place of high esteem. It’s a practice that not only fulfills one’s spiritual obligations but also promotes a sense of community and empathy. But what’s fascinating is the ripple effect that Sadaqah can have on your health.

Reduced Stress and Anxiety: When you give to others, your focus shifts away from your own challenges, leading to lower levels of stress and anxiety. This mental reprieve can improve your overall well-being and outlook on life.
Improved Physical Health: Research suggests that people who engage in regular acts of kindness, such as giving, may have lower blood pressure and a longer lifespan. These physical health benefits are likely linked to the positive emotions and reduced stress levels associated with giving.
Enhanced Self-esteem and Happiness: Giving can boost your self-esteem and sense of purpose. Knowing that your actions are making a difference in others’ lives can lead to enhanced self-worth and overall happiness.

Why Donate to Our Islamic Charity
At Our Islamic Charity, we provide a platform for you to experience the health benefits of giving. When you donate, you’re not only helping us provide aid to those in need, but you’re also investing in your own physical and mental health.

Your donation, your act of Sadaqah, initiates a ripple effect—your generosity aids those in need, and the act of giving benefits your health and happiness. It’s a cycle of positivity and well-being that starts with you.

Embrace the Joy of Giving
To reap the health benefits of giving, you don’t need to make grand gestures. Even small acts of kindness can make a big difference. Remember, in the realm of Sadaqah, it’s not the size of the donation that counts, but the sincerity and goodwill behind it.

In conclusion, giving and Sadaqah are much more than moral or religious obligations—they are pathways to better health and happiness. When you give, it’s akin to planting a seed of kindness that blooms into a flower of well-being within you. So, let’s embrace the joy of giving and the healthful benefits it brings, for in every act of generosity, we sow the seeds of a healthier, happier life.

Ibadah / Acts of Worship Report Sadaqah

Providing Hot Meals for Labor Children

In today’s interconnected digital world, the traditional boundaries of charity are being pushed by innovative concepts. One such innovation is the use of cryptocurrency – a digital form of currency that’s revolutionizing the way we transact. At Our Islamic Charity, we’re embracing this change to further our mission of serving humanity. This article explores how you can donate cryptocurrency to provide hot meals for labor children, aligning with the principles of Sadaqah (charitable giving) in Islam.

Cryptocurrency: A New Frontier in Charitable Giving
Cryptocurrency, once a niche and misunderstood concept, is now becoming mainstream. Much like traditional “fiat” money, cryptocurrency can be used to buy goods, pay for services, and yes, even make charitable donations. The key difference lies in the digital nature of cryptocurrency, which offers several advantages over conventional money including global accessibility, transaction speed, and reduced processing fees.

Our Mission: Hot Meals for Labor Children
One of the causes close to our hearts at Our Islamic Charity is providing support for labor children – young individuals who are compelled to work at a stage when they should be focusing on education and personal development. One of the key ways we support these children is by providing hot meals, a basic necessity that many unfortunately lack.

Nutrition is crucial for these children, not just for their physical health, but also for their cognitive development and overall well-being. A single hot, nutritious meal can make a significant difference in their lives, providing the energy they need to make it through the day, and the nourishment their growing bodies require.

How Cryptocurrency Donations Can Make a Difference
By accepting cryptocurrency donations, we’re making it simpler and more efficient for donors like you to contribute towards providing hot meals to labor children. Cryptocurrencies like Bitcoin, Ethereum, and others can be sent quickly and directly, irrespective of geographical boundaries.

Here’s how your cryptocurrency donation can make a real impact:

Speed and Efficiency: Cryptocurrency transactions can be processed quickly, meaning we can put your donation to work faster.
Global Reach: Cryptocurrencies can be sent from anywhere in the world, making it easier for donors globally to contribute to our cause.
Transparency and Traceability: Blockchain technology, which underpins cryptocurrency, provides a transparent and traceable record of transactions. This means you can see exactly how your donations are being utilized.

Making Your Cryptocurrency Donation
Donating cryptocurrency to Our Islamic Charity is simple. On our donation page, select the ‘Donate’ option. You’ll be guided through a secure process where you can choose the type of cryptocurrency you wish to donate and the amount.

Remember, every donation, no matter how small, makes a difference. A single portion of a cryptocurrency could provide a hot meal, a ray of hope, for a labor child.

Embracing the Future of Charity
At Our Islamic Charity, we’re excited to adopt cryptocurrency donations as part of our mission to serve humanity better. By accepting this innovative form of donation, we’re not just staying relevant in a digital world; we’re also making it easier for you to contribute to our cause.

In conclusion, cryptocurrency represents a new and exciting frontier in charitable giving. It’s a tool that allows us to break down barriers, reach more people, and ultimately provide more hot meals to labor children. And you, as a donor, play a crucial role in this journey. Together, we can leverage the power of technology to make a profound and lasting impact on the lives of those who need it most.

Food and Nutrition Ibadah / Acts of Worship Sadaqah What We Do

Importance of Ihsan in Islam

Ihsan(excellence) is one of the three dimensions of Islam, along with islam (submission) and iman (faith). Ihsan means to do beautiful things, to perfect one’s actions, and to show excellence in worship and in social interactions. In this article, I will explain the meaning, significance, and benefits of ihsan in Islam, and how we as an Islamic charity can practice it and encourage others to do so.

The meaning of ihsan in Islam

The word ihsan comes from the root word hasana, which means to be good, beautiful, or excellent. Ihsan has two aspects: an inward aspect and an outward aspect. The inward aspect of ihsan is to have sincerity, purity, and awareness of Allah in one’s heart. The outward aspect of ihsan is to perform good deeds, to beautify one’s actions, and to show kindness and generosity to others.

The Prophet Muhammad (peace and blessings be upon him) defined ihsan as follows: “Ihsan is to worship Allah as if you see Him, and if you do not see Him, then He sees you.” This hadith shows that ihsan is the highest level of worship, where one strives to please Allah with every action and intention. It also shows that ihsan requires constant mindfulness of Allah’s presence and watchfulness over us.

Ihsan (excellence) is one of the three core dimensions of Islam, alongside Islam (submission) and Iman (faith). We have talked about the importance of submission in Islam in another article, which you can read here.

The significance of ihsan in Islam

Ihsan is significant in Islam because it is a commandment from Allah and a quality that He loves in His servants. Allah says in the Quran: “Indeed, Allah commands justice, good conduct (ihsan), and giving to relatives, and forbids immorality, bad conduct, and oppression. He admonishes you that perhaps you will be reminded.” (An-Nahl 16:90)

Ihsan is also significant in Islam because it is a way of following the example of the Prophet Muhammad (peace and blessings be upon him), who was the best model of ihsan. He said: “Verily, Allah has prescribed ihsan upon everything.” He also said: “The most beloved people to Allah are those who are most beneficial to people. The most beloved deed to Allah is to make a Muslim happy, or to remove one of his troubles, or to forgive his debt, or to feed his hunger.” He also said: “The best among you are those who have the best manners and character.”

Ihsan is also significant in Islam because it is a means of attaining Allah’s reward, mercy, and pleasure in this life and the hereafter. Allah says in the Quran: “Is the reward for good (ihsan) anything but good (ihsan)?” (Ar-Rahman 55:60) He also says: “And whoever does righteous deeds (ihsan), whether male or female, while being a believer – those will enter Paradise and will not be wronged, [even as much as] the speck on a date seed.” (An-Nisa 4:124)

The benefits of ihsan in Islam

Ihsan has many benefits in Islam for both individuals and society. Some of these benefits are:

Ihsan purifies the heart from hypocrisy, arrogance, envy, and other diseases.
Ihsan increases the faith, love, gratitude, and remembrance of Allah.
Ihsan enhances the quality, sincerity, and concentration of worship.
Ihsan improves the morals, manners, and character of a person.
Ihsan strengthens the bonds of brotherhood, friendship, and cooperation among Muslims.
Ihsan spreads peace, harmony, justice, and mercy in society.
Ihsan attracts the blessings, protection, guidance, and help of Allah.
Ihsan elevates the status, honor, dignity, and happiness of a person in this life and the hereafter.

How can we as an Islamic charity practice ihsan?

As an Islamic charity team, we have a great opportunity and responsibility to practice ihsan and inspire others to do so. We can practice ihsan by: (To read more about Ihsan, you can read the Ihsan al-A’amal Policy of our islamic charity.)

Being sincere in our intention to serve Allah and His creation.
Being diligent in our worship and obedience to Allah.
Being kind and generous in our dealings with our donors, beneficiaries, partners, and communities.
Being honest and transparent in our accounting and reporting of our activities and finances.
Being professional and efficient in our management and delivery of our projects and programs.
Being innovative and creative in our solutions and approaches to address the needs and challenges of our target groups.
Being respectful and inclusive of the diversity and dignity of all people, regardless of their race, religion, gender, or status.
Being humble and grateful for the support and feedback of our stakeholders and beneficiaries.
Being accountable and repentant for our mistakes and shortcomings.

I hope this article has given you some insights and motivation about why ihsan is important in Islam and how we as an Islamic charity can practice it and encourage others to do so. Ihsan is not only a duty but also a privilege and a joy for a Muslim. By practicing ihsan, we can please Allah, follow the Prophet, benefit ourselves and others, and attain success in this life and the hereafter. May Allah bless you and guide you always.

Ibadah / Acts of Worship Report

Break the Hunger Cycle

I am honored to be a part of our islamic charity team and to share with you some insights about how to break the hunger cycle. This is a vital topic that affects millions of people around the world, especially those who are living in poverty, conflict, and climate change. As a Muslim, I believe that hunger is not only a physical problem but also a spiritual one, as it deprives people of their dignity, rights, and potential. In this article, I will tell you more about the causes and consequences of hunger, and how we as an Islamic charity can help to end it.

What causes hunger?
Hunger is the result of many complex and interrelated factors that prevent people from having enough food to eat. Some of the main causes of hunger are:

Poverty: Poverty is the lack of income or resources to meet basic needs such as food, water, shelter, health, and education. Poverty is often caused by inequality, discrimination, corruption, exploitation, and lack of opportunities. People who live in poverty are more vulnerable to hunger, as they cannot afford to buy or produce enough food for themselves and their families.
Conflict: Conflict is the state of violence or hostility between groups or countries. Conflict is often caused by political, economic, social, or religious disputes. People who live in conflict zones are more exposed to hunger, as they face displacement, insecurity, disruption of markets and services, loss of livelihoods and assets, and human rights violations.
Climate change: Climate change is the alteration of the Earth’s climate due to human activities that emit greenhouse gases. Climate change is often manifested by extreme weather events such as droughts, floods, storms, heat waves, and wildfires. People who live in climate-sensitive areas are more affected by hunger, as they face crop failures, water scarcity, soil degradation, pest infestations, and diseases.

What are the consequences of hunger?
Hunger has devastating impacts on individuals, communities, and societies. Some of the main consequences of hunger are:

Malnutrition: Malnutrition is the condition of not having enough or the right kind of nutrients in the body. Malnutrition can lead to stunting (low height for age), wasting (low weight for height), underweight (low weight for age), micronutrient deficiencies (lack of vitamins and minerals), and obesity (excess weight for height). Malnutrition can impair physical growth, cognitive development, immune system function, and overall health.
Illness: Illness is the state of being sick or diseased. Illness can be caused by infections (such as malaria, tuberculosis, HIV/AIDS), chronic conditions (such as diabetes, heart disease, cancer), or mental disorders (such as depression, anxiety). Illness can reduce appetite, increase nutrient needs, and worsen health outcomes.
Death: Death is the end of life. Death can be caused by starvation (severe lack of food), dehydration (severe lack of water), or complications (such as organ failure) from malnutrition or illness. Death can deprive people of their lives and their loved ones.

How can we as an Islamic charity help to break the hunger cycle?
As an Islamic charity team, we have a great opportunity and responsibility to help to break the hunger cycle and save lives. We can do this by:

Providing food assistance: Food assistance is the provision of food or cash to people who are in need of food. Food assistance can be delivered in various forms such as general distributions (giving food or cash to households), school meals (giving food or cash to students), nutrition interventions (giving specialized foods or supplements to malnourished people), or livelihood support (giving food or cash in exchange for work or training). Food assistance can help to prevent or treat hunger and malnutrition.
Supporting food security: Food security is the state of having access to sufficient, safe, nutritious, and culturally acceptable food at all times. Food security can be achieved by improving availability (increasing food production and supply), accessibility (reducing food prices and barriers), utilization (enhancing food quality and diversity), and stability (ensuring food consistency and resilience). Food security can help to ensure adequate and balanced diets for all.
Advocating for justice: Justice is the state of being fair and equitable in the distribution of rights and resources. Justice can be promoted by addressing the root causes of hunger such as poverty, conflict and climate change. Justice can be achieved by empowering people (especially women and youth) to participate in decision-making, protecting people from violence and abuse, and holding accountable those who violate human rights and harm the environment. Justice can help to create a more peaceful and sustainable world.

I hope this article has given you some insights and ideas about how to break the hunger cycle and how we as an Islamic charity can help to end it.
I invite you to join me and our team in supporting this noble cause.
Together, we can make a difference and fulfill our duty to Allah and His creation. May Allah bless you and guide you always.

Food and Nutrition Ibadah / Acts of Worship What We Do Zakat