Zakat

Cryptocurrency for charitable causes muslim aid

Cryptocurrency for charitable causes: 5 Ways You Can Make a Difference

Empowering Muslims Through Crypto: 5 Ways You Can Make a Difference

As Muslims, we are called to help those in need. Charity, or Zakat, is one of the five pillars of Islam, a core principle that guides our actions and fosters compassion within our communities. In today’s ever-evolving world, new avenues for charitable giving have emerged, and cryptocurrency presents a unique opportunity to empower those less fortunate.

Cryptocurrency, with its decentralized nature and global reach, offers a powerful tool for supporting those in need. Whether you’re a seasoned day trader or a crypto-curious newcomer, there are numerous ways you can leverage your crypto assets to make a real difference.

Let’s explore five powerful ways crypto activists like yourself can join us at Our Islamic Charity in creating a positive impact:

Donate a Portion of Your Trading Profits

The dynamic world of cryptocurrency trading presents opportunities for significant returns. Consider setting aside a portion of your profits from both bull and bear markets to make a lasting contribution. Every bit counts, and your generosity can empower those in need. For this model of help, a report was previously provided by a Muslim trader, whose quotes you can read here.

Share the Rewards of Decentralized Finance (DeFi)

DeFi, the rapidly growing world of decentralized finance, offers innovative ways to generate passive income. Allocate a percentage of your DeFi earnings to support our charitable efforts. By sharing the abundance of DeFi, you’ll be directly contributing to the well-being of others.

Stake Your Support for a Better Future

By staking your crypto assets, you’re not only contributing to the security and scalability of the blockchain network but also earning passive income. Consider dedicating a portion of your token staking rewards to charitable causes. Your commitment to long-term growth in the crypto space can be coupled with a commitment to helping others grow as well. Remember, the profits from staking can vary depending on the specific cryptocurrency and network.

Turn Play into Purpose with GameFi

The world of GameFi is exploding, blurring the lines between entertainment and financial gain. Consider donating a portion of the tokens you earn through play-to-earn games or other GameFi activities. Your passion for gaming can translate into real-world support for those in need.

Holder Investor: Fulfill Your Zakat Obligation with Crypto

Cryptocurrency can be a valuable asset for fulfilling your Zakat obligation. As a holder investor, you can easily donate a specific percentage of your crypto holdings as Zakat. Our Islamic Charity ensures your Zakat reaches those who need it most, fostering a spirit of generosity and fulfilling a core Islamic principle.

A Charitable Partnership: Sharing the Blessings of Crypto

As a non-profit Islamic charity, our mission is solely focused on helping those in need and do not participate in any economic activity. Our mission is charitable work and due to the institution’s 100% donation and 100% zakat policies, our duty is to only think about helping the needy and the poor.

While you leverage your expertise in the crypto markets to generate profits, we dedicate ourselves to using those profits directly to empower the less fortunate. By sharing our respective strengths, we aim to create a mutually beneficial partnership that aligns with the noble principles of Islam. Let us work together to make a positive impact on the world and seek the blessings of Allah for our charitable endeavors.

Let’s share in each other’s share so that Allah accepts these works from us.

Expanding Our Reach: The Power of Connection

Beyond your individual contributions, you can significantly amplify your impact by spreading awareness about the power of crypto for good. Introduce your friends and fellow crypto enthusiasts to the world of Islamic charity. Together, you can build a network of support that empowers those in need and strengthens the foundations of our Muslim community. You can save our wallet-to-wallet addresses here for yourself or your friends.

By embracing these strategies, you can become a driving force for positive change. Join us at Our Islamic Charity as we leverage the potential of cryptocurrency to create a brighter future for all. Remember, every contribution, big or small, brings us closer to fulfilling our shared responsibility to help those in need. May Allah reward your generosity and guide us all on the path of righteousness.

Cryptocurrency What We Do Zakat

Is Ramadan the Best Time to Pay Zakat?

Is Ramadan the Best Time to Purify Your Wealth with Zakat?

Zakat, one of the Five Pillars of Islam, is a mandatory act of worship that purifies your wealth and strengthens the Muslim community. While you can fulfill your zakat obligation at any point throughout the year, Ramadan presents a unique opportunity to elevate your charitable giving. Let’s delve into why many Muslims choose Ramadan for zakat and how our Islamic charity can help you fulfill this crucial responsibility, whether through traditional fiat currency or the increasingly popular method of cryptocurrency donations.

Why Ramadan Holds Special Significance for Zakat

Ramadan is a sacred month overflowing with blessings and heightened spiritual awareness. Every good deed performed during this time carries an amplified reward. Imagine the impact of combining the purification of zakat with the blessings of Ramadan. This powerful combination allows you to not only fulfill your zakat obligation but also significantly increase the spiritual benefits of your giving.

Here are some reasons why Ramadan is a popular choice for zakat:

Multiplied Rewards: Good deeds, including charitable acts like zakat, are multiplied in value during Ramadan. By giving zakat in this holy month, you maximize the spiritual return on your charitable investment.
Heightened Focus on Charity: The spirit of Ramadan revolves around generosity and compassion. Surrounded by this atmosphere, Muslims are naturally more inclined to fulfill their zakat obligations and support those in need.
Aligning with the Zakat of Fitr: Zakat al-Fitr, the obligatory charity given at the end of Ramadan to provide food assistance to the less fortunate, coincides perfectly with the focus on zakat during this time. Combining both types of zakat streamlines your charitable giving during Ramadan.

Our Islamic Charity Welcomes Zakat in All Forms

At our Islamic charity, we understand the importance of providing convenient and accessible avenues for fulfilling your zakat obligation. We accept zakat donations in both traditional fiat currency and through the growing realm of cryptocurrency.

Traditional Fiat Donations: You can easily donate your zakat through our secure online platform using your debit or credit card. We ensure your donation reaches those who need it most, adhering to the highest ethical and financial standards.
Cryptocurrency Donations: The world of finance is evolving, and we embrace new technologies to facilitate zakat giving. Our charity accepts a variety of cryptocurrencies, allowing you to fulfill your zakat obligation using your preferred digital assets. This method is secure, transparent, and provides an efficient way to make a significant impact.

Forgot Your Zakat? No Worries!

Life can get busy, and sometimes fulfilling your zakat obligation might slip your mind. The good news is that forgetting to pay zakat is not a major sin. Allah (SWT) is Most Merciful and Forgiving.

Here’s what you should do if you realize you’ve missed your zakat deadline:

Calculate Your Zakat Immediately: Don’t delay any further! Gather your financial records and calculate the amount of zakat you owe. Several online resources and zakat calculators can guide you through this process. Zakat calculation with crypto assets here.
Pay Your Zakat in Full: Once you’ve determined the amount, prioritize paying your zakat in full as soon as possible. Remember, zakat is a right of the poor, and fulfilling this obligation brings immense blessings. Pay Zakat with crypto here.
Make Up for Missed Years (Optional): While not obligatory, some scholars recommend calculating and paying back zakat for the years you missed. This demonstrates your sincere intention and strengthens your connection with Allah (SWT). However, prioritize paying the current year’s zakat first.
Seek Guidance if Needed: If you have any doubts or questions regarding your zakat calculations or missed payments, consult with a qualified scholar. They can provide personalized guidance based on your specific situation. You can ask your religious questions here. We will return these questions to you based on the answers of religious scholars.

Remember, forgetting to pay zakat doesn’t diminish the importance of fulfilling this obligation. The key takeaway is to address the missed zakat promptly and move forward with a renewed commitment to your zakat responsibility.

Zakat is the Right of the Poor: Let’s Not Forget the Poor

Ramadan presents a golden opportunity to purify your wealth and amplify the rewards of your charitable giving through zakat. Our Islamic charity is here to support you in fulfilling this sacred duty, whether you choose traditional fiat currency or the modern convenience of cryptocurrency donations. Don’t hesitate to reach out if you have any questions or require assistance with calculating or making your zakat donation. Together, let’s leverage the blessings of Zakat to strengthen our communities and empower those in need.

Ibadah / Acts of Worship Religion Zakat

How We Care for Orphans? Orphan Sponsorship and Our Programs

Supporting Orphans Through Crypto Donations: A Guide for Zakat and Sadaqah

Imagine a world where a child doesn’t have a safe place to sleep, nourishing food to eat, or the opportunity to learn and grow. This is the unfortunate reality for millions of orphans around the world. As Muslims, we are called upon to care for these vulnerable members of our community, and with the rise of cryptocurrency, a powerful new tool for charitable giving has emerged.

The world, unfortunately, continues to be burdened by conflicts. Wars in countries like Sudan, South Sudan, Afghanistan, Syria, Yemen, and Palestine have caused immense suffering for years. These conflicts have resulted in devastating losses of life, leaving a generation of children without parents. The number of orphans in these regions has risen sharply, creating a critical need for comprehensive care and support. Our Islamic charity is committed to providing a lifeline for these vulnerable children, offering them hope and a chance to rebuild their lives.

Our Islamic charity is dedicated to providing comprehensive care for orphans, ensuring their well-being from infancy to adulthood. We believe that every child deserves a chance to thrive, and through your generous donations – including those made with cryptocurrency – we can make a real difference in their lives. You can read the statistical information of the world’s orphans from Wikipedia here.

Why Sponsor an Orphan?

The Quran itself emphasizes the importance of caring for orphans. Surah Ash-Sharh (Chapter 94) reminds us:

“Have We not opened for you your chest [and relieved you of your burden], and removed from you your burden which weighed down your back And We have raised high for you your renown?” (Quran 94:1-3).

These verses refer to the Prophet’s childhood and orphanhood and the hardships of his life. Islamic scholars interpret these verses to refer to the burdens carried by orphans, and the reward received for caring for them. Sponsoring an orphan is a beautiful way to fulfill the pillars of Islam, particularly the obligations of Zakat and Sadaqah. Your contributions can provide essential needs like food, clothing, and healthcare, while also investing in their education and future.

How We Care for Orphans: A Holistic Approach

Our approach to orphan care goes beyond basic needs. We understand that every child is unique, with individual needs and aspirations. Here’s how we categorize and support orphans at different stages of their lives:

Under 7 Years Old (Including Infants):

Basic Needs: This age group requires a safe and nurturing environment with access to nutritious meals, proper hygiene, and regular medical checkups. We provide loving caretakers, age-appropriate toys, and educational stimulation to support their early development.
Our Actions: We establish dedicated care centers with qualified staff to ensure a healthy and loving environment for these young children.

The needs of orphans under the age of 7 can be much more complicated than these, which you can read specifically in this article.

Between 7 and 15 Years Old:

Basic Needs: During this crucial stage, orphans require a strong foundation in education. We focus on providing access to quality schooling, ensuring they receive a well-rounded education that prepares them for the future. Additionally, they may require emotional support and guidance as they navigate adolescence.
Our Actions: We collaborate with local schools and provide educational resources like books and stationery. We also organize mentorship programs to offer emotional support and guidance.

Over 15 Years Old:

Basic Needs: As orphans enter young adulthood, their needs shift towards skills development and career opportunities. Many orphans over 15 lack proper education and haven’t had the chance to discover their talents.
Our Actions: We organize skill-building workshops to equip them with vocational training in fields they’re passionate about. We also help them find jobs or establish their own small businesses. For those who wish to pursue higher education, we offer financial support for university applications.

The Power of Crypto Donations

Donating with cryptocurrency offers a secure, transparent, and fast way to support our orphan care programs. It allows for anonymous giving if that aligns with your preferences, and transactions are recorded on a public ledger, ensuring accountability.

Our 100% donation policy ensures that every satoshi you contribute goes directly towards supporting orphans. With the ease and convenience of cryptocurrency, you can make a life-changing impact on a child in need.

Ready to Make a Difference?

Visit our website to learn more about our orphan care programs and how you can donate with cryptocurrency. Together, we can empower orphans to reach their full potential and build a brighter future. Remember, even a small contribution can make a world of difference in the life of an orphan.

Ibadah / Acts of Worship Report Sadaqah Zakat

Can Zakat Help Palestine?

Can Crypto Zakat Help Palestine?

Absolutely. Here’s Why.

As Muslims, fulfilling our Zakat obligation is a sacred duty. It’s a pillar of Islam, a way to purify our wealth and ensure it reaches those who need it most. But what about in times of crisis, when traditional methods of giving might seem limited? Can Zakat be used to help those suffering in Palestine, for example?

The answer is a resounding yes. The Quran itself outlines eight categories of recipients for Zakat, and Palestinians facing hardship fall squarely within several of these categories. Let’s explore why:

The Needy and Poor: The very foundation of Zakat is to support those in need. The ongoing conflict in Palestine has displaced countless families, leaving them vulnerable and destitute. Your Zakat can provide them with vital resources like food, shelter, and medical care.
Travelers (Ibn As-Saabil): This category can be interpreted to include those who are displaced from their homes due to war or conflict. Palestinians living in refugee camps or those who have fled their homes in Gaza can be considered Ibn As-Saabil, making them eligible Zakat recipients.

The urgency of the situation in Palestine demands immediate action. This is where the power of cryptocurrency comes in. Donating Zakat through crypto offers several advantages:

Faster and More Efficient: Crypto transactions are swift and borderless. Your Zakat can reach Palestinians in Gaza or Rafah quickly and directly, bypassing potential delays or restrictions associated with traditional methods.
Transparency and Security: Blockchain technology ensures transparency in how your Zakat is used. You can be confident that your donation reaches its intended recipients.
Anonymity: If you wish to remain anonymous, crypto donations allow for discreet giving.

Remember, crypto Zakat is no different from traditional Zakat in its core purpose. It’s simply a more efficient way to fulfill your obligation in today’s digital world.

Fulfilling this obligation directly reflects the message of the Quran. Allah (SWT) says in Surah Al-Baqarah verse 273:

“[Charity is] for the poor who have been restricted for the cause of Allah , unable to move about in the land. An ignorant [person] would think them self-sufficient because of their restraint, but you will know them by their [characteristic] sign. They do not ask people persistently [or at all]. And whatever you spend of good – indeed, Allah is Knowing of it.”

This verse emphasizes the importance of Zakat alongside prayer, highlighting its role in purifying our wealth and supporting those in need.

In line with the Quranic verse, a significant portion of Zakat donations entrusted to our Islamic charity goes towards providing food aid and water aid. This has been our focus for many years, including during the conflicts in Yemen and the ISIS crisis in Syria. We prioritize alleviating the suffering of the most vulnerable, ensuring your Zakat reaches those who need it most.

By donating your Zakat through a reputable Islamic charity that accepts crypto donations, you can directly contribute to alleviating the suffering of Palestinians. Our Islamic charity, for example, has a proven track record of delivering humanitarian aid to those in need. Read the report where we described our needs and actions in Palestine.

We operate with a strict 100% donation policy, ensuring every satoshi you donate goes directly to supporting Palestinians.

How can you pay crypto zakat?

You can use the following links:

If you want to calculate your zakat, you can calculate traditional zakat and crypto zakat together in one form.
If you want to pay your Zakat, you can use this link.
If you want to pay your zakat for Palestine, you can use this link.

Let us join hands and answer the call for help from our brothers and sisters in Palestine. Together, through the power of Zakat and innovative tools like cryptocurrency, we can make a real difference in their lives.

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

What Is the Nisab for Crypto?

Understanding Nisab for Crypto: Your Guide to Fulfilling Your Zakat Obligations

Cryptocurrencies have become a major asset class, and many Muslims are interested in understanding how they factor into their Zakat obligations. This article will explore the concept of Nisab in the context of crypto, guiding you through calculations and ensuring you fulfill your Zakat requirements seamlessly.

What is Nisab?

Nisab is the minimum value of wealth a Muslim must possess before Zakat, an Islamic obligatory charity, becomes mandatory. It serves as a threshold to ensure Zakat is paid only on substantive wealth, not basic necessities. Traditionally, Nisab is calculated based on the value of precious metals, specifically:

Gold: 87.48 grams
Silver: 612.36 grams

The rationale behind using precious metals is their historical stability and universal value.

How Does Nisab Apply to Crypto?

The core principle behind Nisab remains the same for cryptocurrencies. The type of asset doesn’t influence the Nisab calculation itself. So, if the combined value of all your assets, including:

Bank deposits
Fiat currency
Crypto holdings (Bitcoin, Ethereum, etc.)
A variety of stablecoins (Tether(USDT), USDC, etc.)
NFTs
Crypto ETFs
Assets on Decentralized Applications (DApps)
DeFi investments

Exceeds the Nisab value in gold or silver, you become obligated to pay Zakat on your total wealth at the annual calculation.

Calculating Zakat on Crypto

Once you’ve established that your total wealth surpasses the Nisab value, determining your Zakat on crypto holdings becomes straightforward. Here’s a breakdown of the process:

Convert your crypto holdings to fiat currency (USD, EUR, etc.) on the date of Zakat calculation. The value of your crypto assets in wallets or exchanges is displayed as a total, and you can add these values together.
Add the converted value of your crypto to your other assets. This includes your bank balance, fiat cash, and the value of any other tradable assets you own.
If the sum calculated in the step 2 is more than the Nisab, you must pay Zakat and Zakat will be obligatory on you.
Apply the Zakat rate of 2.5% to the total cumulative value you obtained in step 2. This represents the amount of Zakat you must donate to charitable causes.

You can do all these steps from the zakat calculation form, which includes crypto zakat calculation, from here.

Important Note: Remember, Zakat is only applicable on crypto holdings that you intend to keep for over a lunar year (approximately 354 days). If you actively trade cryptocurrencies, they may not qualify as Zakatable wealth.

By following these steps, you can ensure your Zakat calculations are accurate and compliant with Islamic principles even when dealing with crypto assets. These Islamic principles have been accurately implemented on the zakat calculation form and the Nisab number has also been accurately calculated.

Remember, we at our Islamic Charity are here to guide you through your Zakat journey. Feel free to reach out if you have any further questions or require assistance with specific calculations.

Cryptocurrency Ibadah / Acts of Worship Religion Zakat