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Zakat or alms-giving is the practice of charitable giving by Muslims based on accumulated wealth, and is obligatory for all who are able to do so. It is considered to be a per â¦ sonal responsibility for Muslims to ease economic hardship for others and eliminate inequality.
Annual giving is one of the most important areas in an organization âs fundraising efforts. Annual giving consists of many separate solicitation vehicles. When these vehicles are assembled together with skill, they can form the foundation of the institutionâs philanthropic support. The entire structure of the charitable giving process is presented graphically with the diagram of a pyramid.