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  2. Zakat - Wikipedia

    en.wikipedia.org/wiki/Zakat

    Zakat (or Zakāh) is one of the five pillars of Islam. 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, [4] [5] and by Quranic ranking, is next after prayer in importance. [6]

  3. Calculation of Zakāt - Wikipedia

    en.wikipedia.org/wiki/Calculation_of_Zakāt

    Beneficiaries of zakat include orphans, widowed, poor muslims, debt-ridden, travelers, zakat collectors, new converts to Islam, Islamic clergy. [9] [10] [11] Zakat is prescribed to cleanse the individual's wealth, heart, and baser characteristics in general, and to replace them with virtues. [12]

  4. Five Pillars of Islam - Wikipedia

    en.wikipedia.org/wiki/Five_Pillars_of_Islam

    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.

  5. Ancillaries of the Faith - Wikipedia

    en.wikipedia.org/wiki/Ancillaries_of_the_Faith

    In Twelver Shia Islam, the Ancillaries of the Faith (Arabic: فروع الدين furūʿ ad-dīn) are a set of practices that Shia Muslims have to carry out. [1] [2] [3] According to Twelver doctrine, what is referred to as pillars by Sunni Islam are called the practices or secondary principles or obligatory acts.

  6. Alms - Wikipedia

    en.wikipedia.org/wiki/Alms

    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 ...

  7. History of Islamic economics - Wikipedia

    en.wikipedia.org/wiki/History_of_Islamic_economics

    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 ...

  8. Islamic taxes - Wikipedia

    en.wikipedia.org/wiki/Islamic_taxes

    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 to be donated to the Muslim ...

  9. Outline of Islam - Wikipedia

    en.wikipedia.org/wiki/Outline_of_Islam

    Allah God in Islam Tawhid, Oneness of God Repentance in Islam Islamic views on sin Shirk, Partnership and Idolatory Haram Kufr Bid‘ah. Sunni / Ibadi / Ahmadiyya. Five Pillars of Islam