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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]
Beneficiaries of zakat include orphans, widowed, poor muslims, debt-ridden, travelers, zakat collectors, new converts to Islam, Islamic clergy. [9] [10] [11] Zakat is prescribed to cleanse the individual's wealth, heart, and baser characteristics in general, and to replace them with virtues. [12]
Islam is an Abrahamic monotheistic religion teaching that there is only one God and that Muhammad is the last messenger of God. It is the world's second-largest religion, with over 2 billion followers comprising nearly a quarter of the world's population.
Islamic taxes are taxes sanctioned by Islamic law. [1] They are based on both "the legal status of taxable land" and on "the communal or religious status of the taxpayer". [1] Islamic taxes include zakat - one of the five pillars of Islam. Only imposed on Muslims, it is generally described as a 2.5% tax on savings to be donated to the Muslim ...
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 ...
Quranism (Arabic: القرآنية, romanized: al-Qurʾāniyya) is an Islamic movement that holds the belief that the Quran is the only valid source of religious belief, guidance, and law in Islam. Quranists believe that the Quran is clear, complete, and that it can be fully understood without recourse to the hadith and sunnah.
In Islam, zakat is a form of compulsory alms-giving, and a religious obligation for those Muslims who are financially affluent. [37] They are required to pay one-fortieth (2.5%) of their total income or money each year to those Muslims who are poor and helpless.
Exterior meaning Zaidi (الزيدية) Islamic sub-sect of Shi'ah, popularly found in Yemen, with similarities to Sunni Zakāt (زكاة), Al-Māl tax, alms, tithe as a Muslim duty; Sunnis regard this as the fourth Pillar of Islam. Neither charity nor derived from Islamic economics, but a religious duty and social obligation. Zakāt al-Fiṭr ...