The value of Zakat
The total value of Zakat paid by UK Muslim Zakat payers could be as much as £262m a year. (This is a conservative estimate; the Development Institute estimates the total value of Zakat could be over £1.5bn.)
Evidence based on Zakat collected indicates that over 98% of Zakat collected in the UK is distributed abroad whilst around £5m (less than 2%) is distributed in the UK. This means that there is potential for additional Zakat in the UK of over £250m and up to £1.5bn.