Both Hinduism and Islam command (not suggest) its followers to help the less fortunate and regularly donate a percentage of their income. Poverty would be non-existent or significantly lessened if everyone followed this commandment.
Verses from holy scriptures of both traditions describe the importance of dana (sanskrit for giving) and zakat (arabic for alms giving).
Relieving the ravaging hunger of the poor is the most secure use of one’s wealth
– Tirukural 226
They ask you about giving then say, “The charity you give shall go to the parents, the relatives, the orphans, the poor, and the traveling alien.” Any good you do, God is fully aware thereof
– Quran 2:215
Charity given out of duty, without expectation of return, at the proper time and place, and to a worthy person is considered to be in the mode of goodness
– Bhagavad Gita 17:20
Who gives to charity during the good times, as well as the bad times are suppressors of anger, and pardoners of the people. God loves the charitable
– Quran 3:134
Dharma Deen Alliance 
Thanks for sharing such a nice post… i just want to add hadith about the charity…A man once said to the Prophet Muhammad (PBUH) : ” I have plenty of property, a large family, a great deal of money, and I am a gracious host to my guests. Tell me how to conduct my life and how to spend (my money).” The Prophet (PBUH) replied : ” Give (regular charity) out of your property, for truly it is a purifier, and be kind to your relatives and acknowledge the rights of the poor, neighbors and (those in need who seek your help) ” Fiqh-us-Sunnah, Volume 3, Number 3
thanks for sharing this nice verse
For muslims it’s compulsory. I do not have idea about Hinduism. But for Islam it’s a main and important factor.
It’s compulsory in every religion including Hinduism 🙂