As the year draws to a close, give locally and benefit the most vulnerable Muslims in Canada including evacuees from Gaza and Sudan.
Did you know that your donations can reduce your tax owing?
That means you can help your neighbours in need all while maximizing your tax owing.
They need you to step up as their new community in Canada.
They need you to be their voice and their hope.
In Canada, when you donate to registered charity, and upon claiming the donation amount of donation on your tax return, you can get non-refundable tax credit that lowers the amount of taxes you owe to the Canada Revenue Agency (CRA) according to the following formula and rates:
This means that the more you give beyond $200, the more you save on your taxes!
Allah reminds us of the sincerity of His righteous servants in the Quran: "We feed you only for the sake of Allah" (Quran, 76:9).
This highlights that the act of charity remains solely for Allah’s pleasure, regardless of any worldly rewards. As long as your intention remains sincere and for the sake of Allah, the financial benefit you gain from tax savings does not cancel your Zakat or Sadaqah (by the will of Allah). You are simply following a legal process to claim the money that belongs to you. Many people donate that tax liability reduction again which multiplies their rewards (by the will of Allah)!
Any donation made to a registered Charity , like NZF, allows you to claim the charitable donations non-refundable tax credit on your tax return as long as you have an official donation receipt. An official donation receipt shall be issued by the registered charity only if the donation amount was higher than $20.
When it comes to credit for charitable donations, the rates can differ based on where you live in Canada. Here’s what you need to know:
No matter where you live, keep accurate records of your charitable donations like receipts so you can claim all eligible deductions on your tax return. Also, consider consulting with a local tax professional or advisor who understands the charitable tax rules in your province.
Yes it is, and here are three reasons why:
The Ansaar (Supporters) were the inhabitants of Madinah who welcomed and supported the Prophet Muhammad (ﷺ) and the Muhajirun (emigrants from Makkah). Their selflessness, generosity, and strong sense of community were instrumental in the establishment and spread of Islam.
Allah praises them in the Qur'an: "As for the foremost—the first of the Emigrants and the Supporters—and those who follow them in goodness, Allah is pleased with them and they are pleased with Him." (9:100)
The Prophet Muhammad (ﷺ) said to the Ansaar: "You are dearest to me amongst people." (Muslim)
Let us strive to be like the Ansaar, always ready to extend a helping hand, foster community, and work together for the common good, seeking the pleasure of Allah in all that we do.
The Ansaar (Supporters) were the inhabitants of Madinah who welcomed and supported the Prophet Muhammad (ﷺ) and the Muhajirun (emigrants from Makkah). Their selflessness, generosity, and strong sense of community were instrumental in the establishment and spread of Islam.
Allah praises them in the Qur'an: "As for the foremost—the first of the Emigrants and the Supporters—and those who follow them in goodness, Allah is pleased with them and they are pleased with Him." (9:100)
The Prophet Muhammad (ﷺ) said to the Ansaar: "You are dearest to me amongst people." (Muslim)
Let us strive to be like the Ansaar, always ready to extend a helping hand, foster community, and work together for the common good, seeking the pleasure of Allah in all that we do.
Cover utilities and bills for a family for one month, ensuring they have access to water, heating and electricity
Provide a family one month's supply of food and groceries, saving them from hunger and protecting their well-being
Help provide rent for a family for one month, giving them a safe space to heal