This month, Muslims around the world embark on Ramadan, fasting for 30 days from sunrise to sunset to celebrate the ninth holiest month of the Islamic calendar. This is a time to come together as a family, to reflect, pray, and renew focus on the spiritual life.
During Ramadan, Muslims donate money more than at any other time of the year, especially those living abroad. Charity may begin at home, but it certainly doesn’t end there.
Many Muslims transfer money to dozens of countries from Europe to North America, and right around the world. In fact, it was reported by The Times that the ICM found Muslims to be Britain’s top charity givers. And, the Muslim Charities Forum (MCF) estimated that in 2016 in Britain during Ramadan, Muslims gave around £100 million to charities.
All about Zakat
Islam is based on five central tenets: belief in Allah as the one true God; praying five times a day; fasting during Ramadan; pilgrimage to Mecca once during a lifetime; and charitable donations for those who are financially stable enough to do so, known as Zakat.
Zakat sees Muslims contribute 2.5 percent of a yearly income to those in need. Zakat can represent significant amounts of money which can truly make a difference in another person’s life.
Charity can be sharing your earnings with family, but also extend to people in need. If you are reading this, you may be doing so with the intent of giving, as we come up to this special time of year. And, for many, perhaps you, charity is not just an expression of giving but an expression of thankfulness. For your recipient– it’s also a promise. A promise that they are cared for and considered.
As donations are so important at this time of the year, many of our customers want to know that they can go further.
Ramadan Mubarak
Muslims around the world have oceans and entire continents separating them. When the month of Ramadan comes along, though, they’re connected through collective worship and reflection. This connection is powerful, and enjoying different Ramadan foods from around the world can make it even stronger.
If you’re sending money home to your family during this special time, Remitly is here for you. We make international money transfers faster, easier, more transparent, and more affordable.
Our reliable and easy-to-use mobile app is trusted by over 5 million people around the globe.
Visit the home page or download our app, and we’ll help you get started.
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