Here's how much Pakistanis pay in Zakat each year

Here's how much Pakistanis pay in Zakat each year

Pakistanis are paying more than £1.7 billion ($2.19 billion) in zakat annually, with the vast majority of recipients being women, according to a study released this week by researchers from the UK-based International Center for Tax and Development (ICTD) and Lahore University of Management Sciences. Zakat is a form of obligatory almsgiving in Islam and one of its five central pillars. It requires Muslims who meet a certain wealth threshold to do…