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NOTE: Always ensure you are donating to our official crypto wallets which are listed on our official channels.
BTC: bc1q43t9d6fqn2wzy6pycuq6xhunr9n0fujtm6kjf5
ETH: 0x713E6b15a4334875052dE4902427eA86616Abb39
USDT: 0x713E6b15a4334875052dE4902427eA86616Abb39
Have You Paid Zakat On Your Crypto Assets?
Zakat is due on crypto currencies just like it is due on stocks and other assets which fall under the category of personal wealth.
Therefore, it becomes obligatory to pay 2.5% Zakat on your crypto once it has passed the threshold (Nisab) for over 1 lunar year (Hawl).
The threshold (Nisab) is calculated by the price of 3 ounces of GOLD ($6040.29 USD as of Feb 2024) or 21 ounces of Silver ($491.61 USD as of Feb 2024).
A WARNING for Those Who Fail to Pay Zakat
Zakat is not optional. It is an obligation and one of the 5 pillars of Islam.
In fact, Zakat is a form of purifying your wealth and adding blessings on it.
Failure to pay your Zakat actually destroys your wealth and causes calamities in this life and the hereafter.
The Prophet (ﷺ) said “Every day two angels come down from Heaven and one of them says, ‘O Allah! Compensate every person who spends in Your Cause,’ and the other says, ‘O Allah! Destroy every miser.” (al-Bukhari 24:522)
Benefit Thousands of Impoverished Zakat Eligible Muslims
We know how challenging it can be to pay Zakat on your crypto - especially if you have to first convert it to fiat, etc.
Fortunately, IOU now accepts your donations directly in Crypto so you can fulfil your obligations seamlessly.
Your Zakat will be distributed to impoverished Muslims in Africa, to educate them, and liberate them from the shackles of poverty.
Donate Now
BTC: bc1q43t9d6fqn2wzy6pycuq6xhunr9n0fujtm6kjf5
ETH: 0x713E6b15a4334875052dE4902427eA86616Abb39
USDT: 0x713E6b15a4334875052dE4902427eA86616Abb39