Zakat is one of the Five Pillars of Islam, representing an obligatory act of charity. It requires Muslims to give a portion of their wealth—2.5% of their savings—annually to those in need.

Zakat is meant to purify one's wealth and help alleviate poverty, ensuring that wealth circulates within the community. It is given to specific groups, such as the poor, needy, orphans, and others who are eligible to receive this form of charitable giving, as outlined in Islamic teachings.