HomeNational News and Affairs

Zakat Centre India Sets Target of Rs 20 Crores for Current Financial Year

Muslim Artisans prepare Effigies of Ravana
Muslims face discrimination in securing employment and earn less: Oxfam
Rs. 55 Crore Haj House inaugurated in Jharkhand

New Delhi: Buoyed by its success, the Zakat Center India (ZCI) has planned to expand its Zakat collection activities in 20 more cities and towns across India from the current financial year. Established in 2022, Zakat Center operated in 10 cities last year and collected Rs. 2 crores last year. It set a target of Rs. 20 crores for this year.

A registered body, ZCI has been promoted by the Jamaat-e-Islami Hind, a premier socio-cultural organization of Indian Muslims.

The Center’s main goal is to create a Muslim community that is free from poverty and self-sufficient. Every Muslim who satisfies specific financial requirements is required to pay zakat, which equals 2.5 percent of annual savings. The Zakat funds must be used for a variety of purposes, including initiatives to combat poverty.

Addressing the media here on February26, ZCI chairman S. Ameenul Hasan said that ZCI collected Rs. 2 crores last year and it’s expected to collect about Rs. 20 crores this year.

He said the main objective of the ZCI was to use Zakat money for alleviating the economic conditions of Muslims who were among the poorest of the poor in the country.

He clarified that Zakat is collected from Indian Muslims only in ZCI’s Indian Bank accounts and did not accept foreign Zakat donations.