Zakat :

The third pillar is the Zakat or Zakah (alms tax), typically paid to a religious official or representative of the Islamic state or to a representative of a local mosque.

This amount is traditionally set at one-fortieth, or 2.5 percent, of the value of all liquid assets and income-generating properties owned by the believer.

It is used to feed the poor, encourage conversion to Islam, ransom captives, help travellers, support those devoting themselves to Allah’s work, relieve debtors, defend the faith, and any other purpose deemed appropriate.

The Zakat serves as a reminder of one’s broader social responsibilities to the community.