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About a quarter of the Muslim world [92] continues to live on $1.25 a day or less, according to the 2012 report. [91] A 1999 study of Sudan and Pakistan, where zakat is mandated by the state, estimated that zakat proceeds ranged between 0.3 and 0.5 percent of GDP, while a more recent report put zakat proceeds in Malaysia at 0.1% of GDP. [84]
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]
The IZO was founded in late 2008 by the Government of Malaysia.In May 2007, the Hon. Dato’ Seri Syed Hamid Albar, Minister of Foreign Affairs of Malaysia, had tabled a resolution for the formation of the International Zakat Organization at the thirty-fourth session of the Islamic Conference of Foreign Ministers of the Organisation of the Islamic Conference in Islamabad.
English-language newspapers published in Nigeria (19 P) Pages in category "English-language newspapers published in Africa" The following 25 pages are in this category, out of 25 total.
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.
Tanzania newswire of allafrica.com, a site collecting news about Africa from different international sources, sorted by country; The East African - weekly newspaper covering all countries of East Africa; IPPmedia is a publisher with news in Swahili and English via newspapers, radio and TV IPP English, IPP Kiswahili
Business Africa: Weekly 8-minute roundup on business news and markets in Africa and worldwide, live Thursday nights at 8:15 (with repeats till 11:15 then Friday lunchtime and weekend); Football Planet: Weekly 10-minute roundup on football news in Africa and Europe, live Monday nights at 8:15 (with repeats till 11:15 then Tuesday lunchtime);
Zakat Council, a government body responsible for collecting and distributing Zakat in Pakistan; International Zakat Organization, an Islamic charitable initiative founded by the Government of Malaysia, which focuses on the use of Zakat; The Zakat Foundation, a Chicago-based, Muslim non-profit organization