Paying Zakah when owning any of these items - the produce of ploughed land, gold and silver or livestock.

This hadith explains that zakat is a form of charity that Muslims are obligated to pay. It is a religious duty that must be fulfilled in order for one to be considered a good Muslim. According to this hadith, zakat must be paid on three things - the produce of ploughed land, gold and silver, and livestock. This means that if someone owns any of these items they must pay zakat on them in order to fulfill their religious obligation. The purpose of paying zakat is not only for spiritual reasons but also for practical ones as it helps those who are less fortunate by providing them with financial assistance.