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(Zakat purifies the wealth of a Muslim, (according to Surah At-Tawba, Ayat 60 in the Quran [5]), and several a hadith.) In Pakistan Zakat is levied on sahib-e-nisab, i.e. a person who owns or possesses assets liable to Zakat under Shariah equal to or more than nisab, (about US $300, calculated according to the value of 612.32 grams of silver [6 ...
Only imposed on Muslims, it is generally described as a 2.5% tax on savings to be donated to the Muslim poor and needy. [ 1 ] [ 2 ] It was a tax collected by the Islamic state. jizya - a per capita yearly tax historically levied by Islamic states on certain non-Muslim subjects— dhimmis —permanently residing in Muslim lands under Islamic law ...
Among the Sunni Muslims, Zakat committees, linked to a religious cause or local mosque, collect zakat. [82] Among the Shia Muslims, deputies on behalf of Imams collect the zakat. [83] In six of the 47 Muslim-majority countries—Libya, Malaysia, Pakistan, Saudi Arabia, Sudan and Yemen—zakat is obligatory and collected by the state.
In the modern era, statutes inspired by European codes replaced traditional laws in most parts of the Muslim world, with classical Sharia rules retained mainly in personal status laws. Countries such as Pakistan and Saudi Arabia have islam as their state religion, but haven’t implemented sharia law fully.
The General Authority of Zakat, Tax, and Customs (ZATCA) (Arabic: هيئة الزكاة والضريبة والجمارك) is a government agency under the Ministry of Finance in Saudi Arabia that is responsible for the assessment and collection of taxes and zakat, a form of obligatory almsgiving in Islam.
The night view of Shah Faisal Mosque.The Mosque occupies a unique and cultural significance in Pakistan. The economic policies proposed under the banner of "Islamisation" in Pakistan include executive decrees on Zakāt (poor-due), Ushr (), judicial changes that helped to halt land redistribution to the poor, and perhaps most importantly, elimination of riba (defined by activists as interest ...
Some state that zakat may be paid to non-Muslims, but only after the needs of Muslims have been met. [39] Fi Sabillillah is the most prominent asnaf in Southeast Asian Muslim societies, where it broadly construed to include funding missionary work, Qur'anic schools, and anything else that serves the community in general. [ 40 ]
The Hanafi school is unique in extending zakat to horses under certain conditions. When it is applicable, there is no nisab and one mithqal is to be paid for each horse. [9] Someone who owns fewer animals than the above nisab is not obliged to pay zakat. Also, the nisab of one kind of animals is not to be mixed with another.