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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. [16] However, the amount of zakat paid on capital assets (e.g. money) and stock-in-trade and jewelry is customarily 2.5% (1/40). [8]
Zakat al-Fitr is a fixed amount assessed per person, while Zakat al mal is based on personal income and property. [107] According to one source, the Hidaya Foundation, the suggested Zakat al Fitr donation is based on the price of 1 Saa (approx. 3 kg) of rice or wheat at local costs, (as of 2015, approximately $7.00 in the U.S.).
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.
Print/export Download as PDF; Printable version; In other projects ... Pages in category "Zakat" The following 10 pages are in this category, out of 10 total.
Outlined in this verse are the 8 categories where Zakat is eligible. [2] 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, the tax excluded the poor, women, children and the elderly. [1] [3] [4] [5] (see below)
Islam [a] is an Abrahamic monotheistic religion centered on the Quran, believing in Allah (lit. ' The God '), [9] and the teachings of Muhammad, [10] the religion's founder. . Adherents of Islam are called Muslims, who are estimated to number 1.9 billion worldwide and are the world's second-largest religious population after Chr
The obligatory nature of zakat is firmly established in the Qur'an, the sunnah (or hadith), and the consensus of the companions and the Muslim scholars. Allah states in At-Tawbah : "O ye who believe! there are indeed many among the priests and anchorites, who in Falsehood devour the substance of men and hinder (them) from the way of Allah.
Sadaqat al-Fitr is a duty which is considered wajib (required) of every Muslim, whether male or female, minor or adult as long as they have the means to do so.. According to Islamic tradition (), Ibn 'Umar said that the Islamic Prophet Muhammad made Zakat al-Fitr compulsory on every slave, freeman, male, female, young and old among the Muslims; one Saa` of dried dates or one Saa` of barley.
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