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zakat - one of the five pillars of Islam. 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.
Between the 9th and 14th centuries, the Muslim world developed many advanced economic concepts, techniques and usages. These ranged from areas of production, investment, finance, economic development, taxation, property use such as Hawala: an early informal value transfer system, Islamic trusts, known as waqf, systems of contract relied upon by merchants, a widely circulated common currency ...
Historically, the jizya tax has been understood in Islam as a fee for protection provided by the Muslim ruler to non-Muslims, for the exemption from military service for non-Muslims, for the permission to practice a non-Muslim faith with some communal autonomy in a Muslim state, and as material proof of the non-Muslims' allegiance to the Muslim ...
Value Added Tax termed 'Goods and Services and Sales Tax on Luxury Goods' Law ("Undang-undang Pajak Pertambahan Nilai atas Barang dan Jasa dan Pajak Penjualan atas Barang Mewah"/UU PPN and PPn BM): Law No. 8/1983, amended I by Law No. 11/1994, amended II by Law No. 18/2000, amended III by Law No. 42/2009, partially amended by Law No. 7/2021;
Islam Nusantara or Indonesian (Islamic) model is a term used to refer to the empirical form of Islam that was developed in the Nusantara (Indonesian archipelago). This term was introduced and promoted by the Indonesian Islamic organization Nahdlatul Ulama (NU) in 2015, as a rejection of Wahhabism .
The concept of profit acts as a symbol in Islam as equal sharing of profits, losses, and risks. The movement started with activists and scholars such as Anwar Qureshi, [ 33 ] Naeem Siddiqui , [ 34 ] Abul A'la Maududi , Muhammad Hamidullah , in the late 1940 and early 1950s. [ 35 ]
Before Islam was established in Indonesian communities, Muslim traders had been present for several centuries. Ricklefs identifies two overlapping processes by which the Islamisation of Indonesia occurred: (1) Indonesians came into contact with Islam and converted, and (2) foreign Muslim Asians (Indians, Chinese, Arabs, etc.) settled in ...
The first half of MARPOL Annex I deals with engine room waste. There are various generations of technologies and equipment that have been developed to prevent waste such as oily water separators (OWS), oil content meters (OCM), and port reception facilities. [7] The second part of the MARPOL Annex I has more to do with cleaning the cargo areas ...