What is The Zakat Trust?
The Zakat Trust is an initiative to collect your Zakat and Sadaqa, and distribute it to fund UK-based activities and initiatives. You can donate right now, right here: www.justgiving.com/isb.
Zakat is a pillar of Islam. Zakat matters everywhere and at every time. It is not just something for alleviating poverty. Zakat purifies our wealth.
Keep up the salah and pay the zakat, and bow your heads with those who bow theirs. (Qur’an, 2:43)
Zakat instils social consciousness in us, through which, we can have more taqwa and recognise Allah’s blessings upon us. It encourages equity and connects us with people around us. It allows us to help others and ourselves.
Paying our zakat for UK based activities and initiatives, is a way of channelling our religious duty towards those that we live amongst. After all, charity should begin at home. The Islamic Society of Britain’s Zakat Trust was set up to provide a way to collect zakat (and sadaqa) to distribute it to fund UK-based activities and initiatives. We will be answerable for how we looked after our own families, neighbours, neighbourhoods and people.
What kind of activities are eligible for funding?
– Islam awareness initiatives
– Education, training and development programmes
– Sponsoring UK people for studies to become scholars
– Establishment of Islamic institutions
– Production of resource materials
– Inter-faith activities
The Sharia allows zakat (and sadaqa) money to be spent for these purposes. A number of Muslim scholars, including Sheikh Abdullah al-Judai, have confirmed the use of zakat and sadaqah money for the areas of work outlined above.
The example of those who spend their wealth in God’s cause is like a grain of corn that produces seven ears, each bearing a hundred grains. God gives multiple increase to whoever He wishes: He is limitless and all knowing. (Quran, 2:261)
What do you do with the monies that are raised?
We currently have four different funds that you can contribute to:
Fund 1: Grassroots projects – to raise awareness of Islam, work to dispel myths and bring people together.
Fund 2: Education fund – to help students to learn more about their faith and to encourage scholarship.
Fund 3: Scholars fund – to support existing scholars in their work to deal with the challenges that British Muslims face, especially the youth.
Fund 4: Waqf fund – an endowment and investment trust from which all the returns will be put back into developing the Zakat Trust. This will allow such work to continue in the long-run by becoming self-sustaining.
Your wealth does not decrease when you give in charity [Hadith]
How does the Trust operate?
The Trust is a registered charity (number: 1106668) and also a company limited by guarantee (not for profit) operating on the basis of the Charity Commission’s rules and regulations. It is registered in the UK and is managed by a board of trustees that by law cannot benefit financially from any funds.
The trustees have a wealth of experience from various professional backgrounds. They have a strong base in Islamic knowledge and a track record in serving the community. They are chosen for their competence and ability to manage the trust responsibly. The Trust collects and distributes zakat and sadaqah separately as required by Islamic law.
Sadaqah extinguishes sin as water extinguishes fire [Hadith]
How do I make a donation?
The easiest way to pay is to go online. Go to www.justgiving.com/isb. Paying online is quicker for you and easier for us to administer and we can also claim gift aid on your online donations, so we would encourage you to pay that way.
You can also pay by making a direct bank transfer (Lloyd’s TSB Bank Plc, Account name: The Zakat Trust, Sort code: 30-96-18, Account no: 03222584), or sending a cheque made payable to ‘The Zakat Trust’.
We are also encouraging people to write a contribution to the Trust into their wills so that they can leave a portion of their wealth behind as sadaqah jariya. This continuous sadaqah will benefit people after our deeds stops and will bring rewards and blessings to us. We would be happy to provide advice on how you can write this into your will, or even how to start writing a will.
When a man passes away, his good deeds will also come to an end except for three: sadaqah jariyah (ceaseless charity); knowledge which is beneficial, or a virtuous descendant who prays for him (for the deceased) [Hadith]