Nagad enables Zakat donations for customers | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
May 11, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, MAY 11, 2025
Nagad enables Zakat donations for customers

Corporates

Press Release
16 April, 2023, 09:40 pm
Last modified: 16 April, 2023, 09:41 pm

Related News

  • Nagad joins Padma Bridge’s electronic toll collection system
  • Disbursement of educational assistance only through Nagad
  • Nagad records highest-ever monthly transactions in March 2025
  • Shop with Nagad at top brands, enjoy attractive cashback
  • Possible to raise Tk1 lakh cr zakat annually if rich contribute: Religious adviser

Nagad enables Zakat donations for customers

Press Release
16 April, 2023, 09:40 pm
Last modified: 16 April, 2023, 09:41 pm
Nagad enables Zakat donations for customers

Nagad Islamic, a Shariah-compliant mobile financial service, offers its customers an option to donate Zakat to the poor and those in need through different Islamic and humanitarian organisations.  

Using Nagad Islamic app or its website, customers can calculate the exact amount of Zakat using Zakat calculator by giving information, such as yearly income, investment, gold, debt, and assets, reads a press release.

Once the Zakat amount is calculated, they will have access to the "donation" option in the app and pay the amount to any of the 59 organisations associated with this shariah-compliant platform. Such organisations receive Zakat and distribute the funds equally to poor Muslims following Islamic guidelines, the release added.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The organisations to which Zakat can be donated include Al-Markazul Islami, Anjuman Mufidul Islam, Center for Zakat Management, As-Sunnah Foundation, Centre for Zakat Management, Tasauf Foundation, Bangladesh Thalassemia Foundation, KK Foundation, MASTUL Foundation, Quantum Foundation, SAJIDA Foundation, Obhizatrik Foundation, Mymensingh Medical College – Zakat Fund, Kurmitola General Hospital Kalyan Samity (Zakat Fund), and Muslim Aid UK Bangladesh Country Office.

Apart from donating Zakat, they can also make donations to different charitable foundations throughout the year. These include Jaago Foundation, Human Aid Bangladesh Foundation, Child Foundation, Amar Bangladesh Foundation, Bangladesh Cancer Aid Trust, Mission Save Bangladesh, Embassy of the State of Palestine in Bangladesh, It's Humanity Foundation.

As part of its efforts to stay beside the poor and helpless people, Nagad continues to promote donation services and facilitate the process for its users to pay Zakat any other kinds of financial assistance.   

Mohammad Aminul Haque, executive director of Nagad Limited and member of Nagad Islamic Shariah Supervisory Committee, said, "We see many people cannot donate Zakat and other financial assistance owing to a lack of time and opportunity. That is why Nagad Islamic has come up with a solution for donors, distributors, and beneficiaries."

In keeping with the Sariah-based lifestyle, the Nagad Islamic account has come into operation in 2019.

Nagad / Zakat

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • The Advisory Council of the interim government holds a special meeting at the state guest house Jamuna in Dhaka on 10 May 2025. Photo: PID
    Interim govt decides to ban AL under anti-terror law
  • Nahid Islam, adviser to the Ministry of Posts, Telecommunications, and Information Technology. Photo: Nahid's Facebook profile
    'We want implementation as soon as possible', says Nahid after govt announces AL ban
  • Photo: Rajib Dhar
    Decision to ban AL sparks jubilation among protesters

MOST VIEWED

  • Infographic: TBS
    Only 6 of Bangladesh's 20 MiG-29 engines now work – Tk380cr repair deal on table
  • Bangladesh Bank. File Photo: Collected
    Bangladesh Bank tightens credit facility for bank directors and affiliates
  • ‘I killed my father, come arrest me’: Young woman calls 999
    ‘I killed my father, come arrest me’: Young woman calls 999
  • Shahbag filled with thousands demanding ban on AL on 9 May. Photo: Md Foisal Ahmed/TBS
    Demand to ban AL: Shahbagh blockade to continue, mass rally Saturday at 3pm, says Hasnat
  • A youth beating up two minor girls on a launch during a picnic in Munshiganj on 9 May 2025. Photo: TBS
    Minor girls beaten in Munshiganj launch: Beat them to discipline them as elder brother, assaulter says
  • Unfographic: TBS
    Depleting reserves, deepening crisis: Why gas shortfall has no quick fix

Related News

  • Nagad joins Padma Bridge’s electronic toll collection system
  • Disbursement of educational assistance only through Nagad
  • Nagad records highest-ever monthly transactions in March 2025
  • Shop with Nagad at top brands, enjoy attractive cashback
  • Possible to raise Tk1 lakh cr zakat annually if rich contribute: Religious adviser

Features

The design language of the fourth generation Velfire is more mature than the rather angular, maximalist approach of the last generation. PHOTO: Arfin Kazi

2025 Toyota Vellfire: The Japanese land yacht

3h | Wheels
Kadambari Exclusive by Razbi’s summer shari collection features fabrics like Handloomed Cotton, Andi Cotton, Adi Cotton, Muslin and Pure Silk.

Cooling threads, cultural roots: Sharis for a softer summer

1d | Mode
Graphics: TBS

The voice of possibility: How Verbex.ai is giving AI a Bangladeshi accent

1d | Panorama
Graphics: TBS

Why can’t India and Pakistan make peace?

2d | The Big Picture

More Videos from TBS

Fact check: Canadian tourism to Florida dropped by 80 percent!

Fact check: Canadian tourism to Florida dropped by 80 percent!

1h | Others
Rumors about nuclear weapons; Pakistan says there was no meeting.

Rumors about nuclear weapons; Pakistan says there was no meeting.

2h | TBS World
China-United States 'Icebreaker' Meeting: Will the Trade War Diminish or Rise Conflict?

China-United States 'Icebreaker' Meeting: Will the Trade War Diminish or Rise Conflict?

4h | Others
Methods and history of banning political parties and organizations in Bangladesh

Methods and history of banning political parties and organizations in Bangladesh

4h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net