Soon, Muslims around the world will 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.

Ramadan treats

For those less in the know, 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 to 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. We at Remitly want to demonstrate support for the Zakat spirit, which is why every new customer gets a special offer during this time when sending money back home or to loved ones around the world.

We also want to make sure that the timeliness of your donation is honoured. Therefore, we promise to you that you will know the date and time of when your money should be delivered and available to your recipient. Our promise is to ensure that your money gets to where it’s intended to, easily, quickly and securely. Because, we honour our promises, as you do yours.

This publication is provided for general information purposes only and is not intended to cover all aspects of the topics discussed herein. This publication is not a substitute for seeking advice from an applicable specialist or professional. The content in this publication does not constitute legal, tax, or other professional advice from Remitly or any of its affiliates and should not be relied upon as such. While we strive to keep our posts up to date and accurate, we cannot represent, warrant or otherwise guarantee that the content is accurate, complete or up to date.

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