Offering Udhiyah (sacrifice) during `Eid Al-Adha is regarded as Wajib (mandatory) according to Imam Abu Hanifah and as Sunnah Mu’akkadah (stressed Sunnah) according to other jurists with very strong emphasis on doing a sacrifice for ones self and family members.
All those people who have the Nisab (payable amount) of Zakah should offer a sacrifice and Insha Allah try and gain the opportunity of earning a great reward.A great practice that comes once a year and so much of reward for spending a few dollars.
The time for offering a sacrifice begins after the `Eid Al-Adha prayer. According to a Hadith, the Prophet (peace and blessings be upon him) said that whosoever offered a sacrifice before the `Eid prayer, he or she just slaughtered an animal for meat, but whosoever made sacrifice after the `Eid Al-Adha prayer, he or she has offered a sacrifice. (Reported by Al-Bukhari)
Udhiyah (sacrifice) is an act of worship (‘ibadah). As we have the times of prayers so we also have time for making a sacrifice during `Eid Al-Adha. The time of sacrifice remains until sunset on the 12th day Dhul-Hijjah.The head of the family may do it for those in the home from his side,but if they have the Nisab of Zakah, then they must offer their own sacrifice. One goat, lamb or sheep is on behalf of one person, but seven people can share in offering one cow or camel.
The Udhiyah is the Sunnah of Prophet Ibrahim, Prophet Isma`il and Prophet Muhammad (peace be upon them all) It has a meaning and significance. It reminds us of the great act of sacrifice that Prophet Ibrahim and Isma`il were willing to do for the sake of Almighty Allah. Allah spared the life of Prophet Isma`eel, but He told us that [And We ransomed him with a momentous sacrifice.] (As-Saffaat 37:107). The “momentous sacrifice (dhibhin ‘azhim) is the sacrifice of the billions of people who have been remembering this tradition for the last four thousand years. Other people who claim to follow Prophet Ibrahim have forgotten this tradition, but we Muslims have kept it alive without any interruption. We must keep this Sunnah and should not forget it.
It is a great favour of Allah that we have to only sacrifice an animal and imagine the sacrifice of Ibrahim AS and Isma’il AS. Can we imagine ourselves in that situation?Allah hu Akbar
There is no substitute for Udhiyah. However, if one wants to offer a Nafl (non-obligatory) sacrifice on behalf of one’s deceased parents or some other relatives, one has a choice to make Udhiyah on their behalf as a sadaqah and they will get the reward Insha Allah.
The meat of the Udhiyah should be divided in three equal portions: one for oneself and the family, one for friends, and one for the poor and needy. If there are more poor people, then it is good to give all of it in charity to the poor and needy. In many western countries we may not need the meat that much, but there are many other places where people do not get meat especially in the current times of famine and poverty
It is, perhaps, better for us if we give the money to some dependable relief organizations in order to make Udhiyah on our behalf; and to distribute the meat among the poor and needy in poor countries and in countries where people are suffering due to wars, economic sanctions or natural disasters.
Remember Allah does not need the meat but our Taqwa and continuous sacrifice in the path of Allah for the betterment of Islam and the service of the community.
Article Source: http://muslim1st.com/significance-of-udhiyah-qurbaani/