| Zakat |
"giving to charity" or "giving to the needy". It is considered a form of worship and is one of the five pillars of Islam. Muslims who meet certain wealth requirements are required to donate 2.5% of their liquid assets to charity each year. |
| Sadaqah |
In Islam, sadaqah is a voluntary act of charity or giving that is done to please Allah and help those in need. The word sadaqah comes from the Arabic word sidq, which means "righteousness" and "sincerity |
| Building Fund |
In Islam, Baitulmal is an Arabic term that refers to a national treasury or state bank that manages the wealth of an Islamic empire. The term is a combination of the words bayt, which means "house," and al-mal, which means "wealth |
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