How much zakat should we pay?

There are two types of zakat: Zakat al-Fitr is distributed at the end of Ramadan. The amount is based on the number of dependents in the household. The purpose of it is to provide the poor with food for the feast. Ideally it is paid in the form of food, rather than cash. The other type of zakat is a percentage of a person's financial holdings throughout the year, and it must be paid once a year, although a person can any date he/she likes. Many people also like to pay this form of zakat in Ramadan, because acts of worship performed in Ramadan earn greater rewards. There are two types of zakat: Zakat al-Fitr is distributed at the end of Ramadan. The amount is based on the number of dependents in the household. The purpose of it is to provide the poor with food for the feast. Ideally it is paid in the form of food, rather than cash. The other type of zakat is a percentage of a person's financial holdings throughout the year, and it must be paid once a year, although a person can any date he/she likes. Many people also like to pay this form of zakat in Ramadan, because acts of worship performed in Ramadan earn greater rewards.