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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]
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]
In Pakistan Zakat is levied on sahib-e-nisab, i.e. a person who owns or possesses assets liable to Zakat under Shariah equal to or more than nisab, (about US $300, calculated according to the value of 612.32 grams of silver [6]). [1] There are eleven types of assets liable to Zakat "detailed in 1st schedule of Zakat & Ushr Ordinance 1980". [7]
Zakat (Arabic: زكاة, zakāh), also spelled Zakāt or Zakah, is a type of almsgiving characterized by the giving of a fixed portion (2.5% annually) [97] of accumulated wealth by those who can afford it to help the poor or needy, such as for freeing captives, those in debt, or for (stranded) travellers, and for those employed to collect zakat.
The word sadaqa is interchangeably used with zakat and nafaqa in some contexts, [3] but while zakat is obligatory, sadaqa usually refers to voluntary donations. [ 1 ] 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 ...
In today's puzzle, there are eight theme words to find (including the spangram). Hint: The first one can be found in the top-half of the board. Here are the first two letters for each word:
Zakat is considered by Muslims to be an act of piety through which one expresses concern for the well-being of fellow Muslims, [38] as well as preserving social harmony between the wealthy and the poor. [39] Zakat promotes a more equitable redistribution of wealth and fosters a sense of solidarity amongst members of the Ummah. [40]
Today's Wordle Answer for #1269 on Monday, December 9, 2024. Today's Wordle answer on Monday, December 9, 2024, is FLUNG. How'd you do? Next: Catch up on other Wordle answers from this week.
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