Can You Give Zakat From Crypto?

Zakat is an annual donation that God requires Muslims to pay for their money and property. This payment is provided as a divinely ordained entitlement to the impoverished, weak, and deserving. The Prophet Muhammad, peace be upon him, instituted zakat as the third of Islam’s five pillars.

The impoverished and destitute are zakat’s primary responsibilities, and it is to these individuals in severe need that one mustdirect theirzakat. Eligible Muslims mustcontributeto widows and orphans, refugees, war-displaced people, and victims of community violence, as well as families affected by earthquakes, storms, droughts, climate changes, and other calamities.

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