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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]
Zakat is based on income and the type and value of one's assets/possessions [13] [14] above a minimum amount known as nisab. [7] [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 ...
In Islam, there are two methods of charity: zakat and sadaqa. Zakat is one of the five pillars upon which the Muslim religion is based. 2.5% of one's savings is compulsory to be given as zakat per Islamic calendar year, provided that the saving is beyond the threshold limit, called nisab, usually determined by the religious authority.
Zakat is obligatory when a certain amount of money, called the nisab (or minimum amount), is reached or exceeded. Zakat is not obligatory if the amount owned is less than this nisab. The nisab of gold and golden currency is 20 mithqal, or approximately 85 grams of pure gold. One mithqal is approximately 4.25 grams.
As-Sadaqat (zakat) are only for the Fuqara' (the poor), and Al-Masākīn (the needy) and those employed to collect (the funds); and to attract the hearts of those who have been inclined (towards Islam); and to free the captives; and for those in debt; and for Fi sabilillah (Allah's cause), and for Ibn As-Sabil a duty imposed by Allah. And Allah ...
The final rankings for the College Football Playoff are days from being released. Here are the bowls that make up the newly formatted CFP.
The dose of ivermectin used did not have toxic effects in mice. If you want to read more about purchasing ivermectin over the counter and the proper doses to use for cancer, ...
If you’re stuck on today’s Wordle answer, we’re here to help—but beware of spoilers for Wordle 1272 ahead. Let's start with a few hints.