Zakath (Obligatory Charity) is all about giving.
Charity is not just recommended by Islam, it is required of every financially-stable Muslim. Giving charity to those who deserve it is part of Muslim character and one of the Five Pillars of Islam. Zakath is viewed as “Obligatory Charity”; it is an obligation for those who have received their wealth from Allah to respond to those members of the community in need.
The word Zakath means both 'purification' and 'growth'. Our possessions are purified by setting aside a proportion for those in need, and, like the pruning of plants, this cutting back balances and encourages new growth.
“Lo! Those who believe and do good deeds and establish salat and pay zakath, their reward is with their Sustainer; and no fear shall come upon them, nor shall they grieve.” (Quran 2:277)
“These are verses of the Book full of wisdom, a guide and mercy to the doers of good - those who establish salat and pay zakath and have the assurance of the Hereafter.” (Quran 31:4)