Charity, zakat & sadaqa

Charity

At ISFIN, we believe that the saying "Nobody can do everything, but everyone can do something" is true enough for both people and corporations.

Because we believe that relationships between East and West are important, and because we believe that knowledge fosters better understanding between various people, cultures, races and religions, we have decided that it is part of our corporate social responsibility that our brand contribute to a charity in this sector.

ISFIN supports the ICP Islamic Charities Project for their scientific work.  Please visit their website and consider making a donation.

Zakat & Sadaqa

One of the five pillars of Islam and thus an obligation for all Muslims is the Zakat.

The word Zakat means both "purification" and "growth". Muslims believe that their possessions are purified by setting aside a proportion for those in need, and, like the pruning of plants, this cutting back balances and encourages new growth.

Zakat is the amount of money that every adult, mentally-stable, free, and financially-able Muslim, male and female, has to pay to support specific categories of people.

These categories of people are defined in surah at-Taubah (9) verse 60: "The alms are only for the poor and the needy, and those who collect them, and those whose hearts are to be reconciled, and to free the captives and the debtors, and for the cause of Allah, and (for) the wayfarers; a duty imposed by Allah. Allah is knower, wise." (The Holy Qur'an 9:60).

A pious person may also give as much as he or she pleases as sadaqa, and does so preferably in secret. Although this word can be translated as "voluntary charity" it has a wider meaning. The Prophet said, "even meeting your brother with a cheerful face is charity".

ISFIN encourages all its staff to abide by this rule which helps the community.

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