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Zakat or alms-giving is the practice of charitable giving by Muslims based on accumulated wealth, and is obligatory for all who are able to do so. It is considered to be a per â¦ sonal responsibility for Muslims to ease economic hardship for others and eliminate inequality.
Why is almsgiving better than prayer and fasting? Because it is prayer, and it involves fasting. Almsgiving is a form of prayer because it is giving to God â and not mere philanthropy. It is a form of fasting because it demands sacrificial giving â not just giving something, but giving up something, giving till it hurts.