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Last year £350k was donated to our carefully selected charity portfolio

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The 2024 guide is here

IFG Zakat Impact Fund

Over the last 3 years, IFG put together a Zakat Guide of charities that we think are having the biggest impact on this Ummah.

This year we have gone one further: the IFG Zakat Impact Fund is a dedicated fund to donate to the most strategically impactful (and otherwise overlooked) areas for the Muslim community.

IFG takes no fees, and your donation goes straight to the selected organisations.

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Already know your zakat?

You can go ahead and directly donate as well.

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Easily calculate the zakat you owe

Intuitive calculator

Our calculator is free and caters for all asset classes

Easy to use

Simply input your assets and we will do the rest

Asset breakdown

View the zakat calculation, asset breakdown and tips so you know you are paying the right amount

Pick up where you left off

Save your portfolio details and next year you'll just need to update those that have changed

Donate your zakat to high impact, vetted recipients

You can donate all or part of your zakat to the IFG Zakat Impact Fund, a carefully-curated portfolio of donations to things that have long-term strategic benefit to the Muslim community.

*Please note we do not make any commission on zakat related payments.

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Do zakat differently

We believe that by thoughtful zakat giving we can have a leveraged return on our donations. Certain causes have the power to 10x our zakat and make it go further.

How to calculate zakat?

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Guide & FAQs

Zakat Guide 101

  • Zakat (‘zakat al-mal’), the third pillar of Islam is a compulsory 2.5% tax on wealth that is above the Nisab rate.

    Zakat is paid annually and towards certain charitable causes that are eligible for Zakat. Zakat can be paid in instalments but it is best to be pay it all together.

  • Nisab refers to a value/threshold set by the Prophet Muhammad (peace be upon him). When an individual’s wealth and assets exceeds the Nisab, they are required to give Zakat.

  • Yes – have a read of this article or comprehensive guide.

    And the following articles for Zakat on CryptoNFTs and collectibles. 

  • Yes but it depends, read a more detailed article here.

  • Zakat al-fitr is a separate form of zakat that is paid before Eid. Your local Mosque will take Zakat al-fitr and provide a recommended rate. 

  • Zakat can be paid any time of the year but it is due on the anniversary of the last lunar calendar date that you paid it last. 

    Many people opt to pay their Zakat in Ramadan to double up on rewards.

  • In short, yes. Money that you have lent out and expect to receive back will incur zakat each year as normal, however it depends on the type of loan. Read our full article on this here.