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Zakat is the Arabic word for "Giving to Charity" or "Giving to the Needy". [ a ] [ 3 ] Zakat is a form of almsgiving , often collected by the Muslim Ummah . [ 1 ] It is considered in Islam a religious obligation, However, most Muslims believe that one must have 80.18 grams or more of assets for zakat to be obligatory.
Zakat is a required minimum contribution by Muslims in terms of money and property or goods that can help Muslims who need assistance, while sadaqah can be in the form of money, deeds, property, or salutations. [13] The term sadaqah was used in the Quran and Sunnah for both zakat and charity.
In Islam, the concept of Muhsi or Muhsin alms-giver or charitable giving is generally divided into voluntary giving, ṣadaqah (صدقة), and an obligatory practice, the zakāh (الزكاة). Zakāh is governed by a specific set of rules within Islamic jurisprudence and is intended to fulfill a well-defined set of theological and social ...
The Third Pillar of Islam is Zakāt, or alms giving or charity. [17] Zakat means purification which indicates that a payment makes the rest of one's wealth legally and religiously pure. [17] By following this pillar, Muslims have to deduct certain amount of their wealth to support the Islamic community — usually about 2.5% of their wealth.
Note 1] The Quran does not provide specific guidelines on which types of wealth are taxable under the zakat, nor how much is to be donated, and Islamic scholars differ on how much nisab is and other aspects of zakat. [16] However, the amount of zakat paid on capital assets (e.g. money) and stock-in-trade and jewelry is customarily 2.5% (1/40). [8]
From the above context it is closely associated with alms-giving or charity, meaning "he dedicated the revenue or profit to be used in the cause of God", i.e. "he gave to charity". A classical example discussed by Lane in his Arabic-English Lexicon of 1863 is that of Umar who decided to give the revenue of a palm grove of his to charitable use.
Islam's most sacred book, the Qur'an, describes true followers of its prophet as "hard against disbelievers and merciful among themselves" (Qur'an 48:29). However, as seen in modern discuss, Muslims believe that regardless of a neighbor 's religious identity, Islam tells the Muslims to treat their neighboring people in the best possible manners ...
Muhammad said, 'If you like, make the property inalienable and give the profit from it to charity.' It goes on to say that Umar gave it away as alms, that the land itself would not be sold, inherited, or donated. He gave it away for the poor, the relatives, the slaves, the jihad, the travelers, and the guests. It will not be held against him ...