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As one of the Five Pillars of Islam, zakat is a religious duty for all Muslims who meet the necessary criteria of wealth to help the needy. [8] [9] It is a mandatory charitable contribution, often considered to be a tax. [10] [11] The payment and disputes on zakat have played a major role in the history of Islam, notably during the Ridda wars.
An Introduction to Shi'i Islam: The History and Doctrines of Twelver Shi'ism. Yale University Press. ISBN 978-0-300-03531-5. Levy, Reuben (1957). The Social Structure of Islam. UK: Cambridge University Press. ISBN 978-0-521-09182-4. Muhammad Husayn Tabatabaei (2002). Islamic teachings: An Overview and a Glance at the Life of the Holy Prophet of ...
Zakat is based on income and the type and value of one's assets/possessions [13] [14] above a minimum amount known as nisab. [7] [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 ...
To be more precise, Zakat is defined as a determined percentage of one's acquired property or profit for the year that is paid to the needy who is described by Quran the poor, those who collect the zakat, those whose hearts are to be reconciled to Islam, captives, those in debt, those who are fighting for Allah, and travelers. [9]
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 concepts of welfare and pension were present in early Islamic law as forms of zakat one of the Five Pillars of Islam, since the time of the Rashidun caliph Umar in the 7th century. The taxes (including zakat and jizya) collected in the treasury ( bayt al-mal ) of an Islamic government were used to provide income for the needy, including the ...
Islamic taxes are taxes sanctioned by Islamic law. [1] They are based on both "the legal status of taxable land" and on "the communal or religious status of the taxpayer". [1] Islamic taxes include zakat - one of the five pillars of Islam. Only imposed on Muslims, it is generally described as a 2.5% tax on savings for charity.
Zakat has been called sadaqat because it is also a kind of compulsory charity. It is an obligatory sadaqa while ordinary sadaqa are voluntary. Thus, zakat has to be collected by the muhtasib (collector) or the government (the Islamic state) as a compulsory levy. [10] [volume needed] [page needed]