By Muneeb Nasir and Irshad Osman
Philanthropy holds a vital place in Islam, deeply ingrained in principles of compassion, charity, and social responsibility. Islamic teachings intertwine philanthropy with various acts of worship, making it a mandatory aspect of a Muslim’s life. Giving back is not limited to financial contributions but encompasses a range of actions, such as donating time, skills, and knowledge to benefit society.
Muslims are obligated to share their wealth through the annual Zakat (2.5% from the annual accumulated wealth), encouraged to give from all their means (Sadaqah, the voluntary charity given above and beyond to address issues like poverty, education, healthcare, clean water, disaster relief, etc.,), and instructed to provide food to others during Ramadan fasting (Iftar).