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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.
In six of the 47 Muslim-majority countries—Libya, Malaysia, Pakistan, Saudi Arabia, Sudan and Yemen—zakat is obligatory and collected by the state. [18] [19] [84] [85] In Jordan, Bahrain, Kuwait, Lebanon, and Bangladesh, the zakat is regulated by the state, but contributions are voluntary. [86]
Precious metals. Zakat on Gold, silver, cash and other forms of invisible wealth is collected in four countries, but the assets are assessed differently in the different countries. [43] Treasures buried in the earth. Three countries (Libya, Saudi Arabia, and Sudan) collect zakat for treasures buried in the earth. [43] Wealth that yields income.
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.
This allowed for the immediate start of organ transplantation in Saudi Arabia. The IIFA later issued a fatwa on organ transplantation that expanded the practice . [19] In 1992, 1997, 2004, 2006, and 2018, the IIFA issued resolutions (fatwas) about medical research ethics.
Saudization (Arabic: السعودة), [1] officially the Saudi nationalization scheme and also known as Nitaqat (Arabic: النطاقات), is a policy that is implemented in the Kingdom of Saudi Arabia by the Ministry of Labor and Social Development, which requires companies and enterprises to fill their workforce with Saudi nationals up to certain levels.
Congress is gathering for a joint session to certify the results of the 2024 election, the final step before President-elect Donald Trump's inauguration on Jan. 20, after some major changes to ...
An example of a text only Hajj certificate. The original use of Hajj certificates can be dated back to the 11th century, [4] and their use has remained to the modern day. . Although these certificates used to be a commodity available to only wealthy pilgrims, 18th-century technological advancements in printing and papermaking made these documents much cheaper and more accessible to a wider ...