Zakah
Offering Zakah is one of the main tenets of Islam.
Zakah is payable on 2.5 percent of the wealth one possesses above the nisab. Nisab,
which is equal to the value of three ounces of gold, is the minimum amount of wealth
one must have before they are liable to pay zakah.
Zakah is owed on gold, silver, cash, savings, investments, rent income, business
merchandise and profits, shares, securities, and bonds.
Halton Islamic Association distributes zakah to those who are most in need, in accordance with Islamic
guidelines.