Ramadan is also the month of charity. Muhammad said, “…Whoever draws nearer (to Allah) by performing any of the (optional) good deeds in (this month), shall receive the same reward as performing an obligatory deed at any other time; and whoever performs an obligatory deed in (this month), shall receive the reward of performing seventy obligations at any other time. It is the month of patience, and the reward of patience is Paradise . It is the month of charity, and a month in which a believer's sustenance is increased. Whoever gives food to a fasting person to break his fast shall have his sins forgiven, and he will be saved from the Hell-Fire, and he shall have the same reward as the fasting person, without his reward being diminished at all.” (Reported by Ibn Khuzaymah)

Ibn `Abbas, one of Muhammad’s Companions, narrated: “The Prophet was the most generous amongst the people, and he used to be more so in the month of Ramadan when Jibreel visited him, and Jibreel used to meet him on every night of Ramadan till the end of the month. The Prophet used to recite the Holy Qur'an to Jibreel, and when Jibreel met him, he used to be more generous than a fast wind (which causes rain and welfare).” (Reported by Al-Bukhari)

Thus Muslims should try to give generously in Ramadan, both sadaqah (optional charity) and zakat al-mal (obligatory charity). Sadaqah does not only have to be money. It can also be a good deed—such as helping another person—done for the sake of Allah and without expecting any reward from the person. Most Muslims pay their zakah during Ramadan because the reward is so much greater in that month.

It is obligatory for every Muslim to pay a small amount of zakat al-fitr before the end of Ramadan. This money is collected and given to the poorest of the poor so that they may also enjoy the festivities on `Eid Al-Fitr.

And because of the great reward for feeding a fasting person, in many places iftar (the break-fast meal at sunset) is served in mosques, with the food donated or brought by individuals to share pot-luck style. In some Muslim countries, tables are set up on the sidewalks or outside of mosques to serve iftar to the poor and others. Such traditions also build a sense of brotherhood and community.

Families and friends also like to share iftar. However, sometimes this generosity is exaggerated so that Ramadan becomes a month of lavish tables and overeating.

This goes against the spirit of Ramadan and should be avoided. (See also: Distinguishing Culture from Religion in Ramadan)

The Last Third

Muslims also believe that the last ten days of Ramadan are the holiest of all, and try to make even greater efforts at that time to increase their worship. The holiest night of all, Laylat Al-Qadr, falls on one of the odd numbered nights of the last TEN DAYS

DEAR BROTHERS AND SISTERS

HAVE YOU MADE A PLAN TO COMPETE WITH EACH OTHER IN RAMADAN. HAVE U ALLOCATED SOME TIME TO QURAN, VISITING THE SICK,FOLLOWING FUNERALS, CELEBRATING THE REMEMBRANCE OF ALLAH, ATTENDING RELIGIOUS COURSES, PUTTING SMILES ON THE LIPS OF THE POOR............

DEAR
PLS PRAY FOR US.As ALLAH is happy with those who repent and do righteousness, he accepts his or her prayer.
let visit this site to read more about Ramadan
http://www.islamqa.com/ln/php/the_file.php?ln=eng