Explain everything about Alzakat in Islam. It’s one of the five pillars In Islam. It means giving a hand to the poor people.
This is the deification of it: is the practice of taxation and redistribution, imposed upon Muslims on their income and wealth. It is a form of obligatory alms giving, and the collected amount is paid to poor Muslims, to zakat collectors, to new converts to Islam, as income to its clergy, and others.
Zakat is mandatory for all Muslims, on their income and wealth above a minimum amount called nisab.