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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]
The taxes stipulated by Islamic law generally did not generate enough revenue even for the limited expenditures made by pre-modern governments, and rulers were forced to impose additional taxes, which were condemned by the ulema. [7] According to scholar Murat Çizakça, only zakat, jizya and kharaj are mentioned in the Buktasira.
Zakat is a required minimum contribution by Muslims in terms of money and property or goods that can help Muslims who need assistance, while sadaqah can be in the form of money, deeds, property, or salutations. [13] The term sadaqah was used in the Quran and Sunnah for both zakat and charity.
Zakāt" on Livestock or cattle, Al-An'am Arabic: زكاة الأنعام [30] According to Fiqh az-Zakat by al-Qaradawi [31] and other traditional handbooks of zakat fiqh (such as one issued by IslamKotob, [32]) zakat on livestock such as sheep, cows and camels should be paid in-kind according to a detailed schedule.
Zakāt (Arabic: زكاة "that which purifies" [4]), is the giving of a fixed portion of one's wealth to needy people, and is one of the Five Pillars of Islam. (Zakat purifies the wealth of a Muslim, (according to Surah At-Tawba, Ayat 60 in the Quran [5]), and several a hadith.)
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 ...
A leaked video of UnitedHealth CEO Andrew Witty defending claim denials after Brian Thompson’s murder has sparked backlash. Critics argue the policy contributes to medical bankruptcies and lives ...
In Sharia (Islamic Law) niṣāb (نِصاب) is the minimum amount of wealth that a Muslim must have before being obliged to give zakat. Zakat is determined based on the amount of wealth acquired; the greater one's assets, the greater the zakat value. Unlike taxable income in secular states, niṣāb is not subject to special exemptions.