Charity is important in the Islamic economic system, seen as a compulsory act of zakat, which is one out of five pillars. Not only does the receiver benefit, but also the giver. Giving with the right intention fosters empathy, compassion, and gratitude.
Muslims are encouraged to give sadaqah, in addition to zakat, with the understanding that it purifies and increases wealth. This act can also protect from negative consequences of wealth, like arrogance and materialism.
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