Muslim American giving aimed at poor totaled $1.8 billion last year, study shows

April 23rd, 20220 By Dan Parks Muslim Americans gave $1.8 billion last year to meet their religious obligation to help the poor, according to a new study by the Muslim Philanthropy Initiative at the Indiana University Lilly Family School of Philanthropy. The study counted only giving related to the religious principle known as zakat, which...

American Muslim investors to donate $5.6 million to charity during Ramadan

June 10th, 20181 FALLS CHURCH, Virginia — Azzad Asset Management, a socially responsible, faith-based registered investment advisor, announced on Thursday that its Muslim clients are expected to donate approximately $5.6 million to charity during the holy month of Ramadan. The figure is the highest since Azzad began providing this calculation in...