zakat
- Islamic Economics
Investment as a Shar’i Way to Reduce Zakat, How is it Related?
Investing involves allocating money or assets held by individuals or groups with the goal of growing their wealth over time. This can be done through various investment options like stocks, bonds, real estate, or commodities. The purpose of investment is to obtain a return on assets with a higher value in the future. Investment itself is a way for a…
Read More » - Islamic Finance
The Eight Categories of Asnaf: Who Qualifies for Zakat Distribution?
Zakat, one of the five pillars of Islam, is a mandatory charitable contribution that purifies wealth and benefits those in need. In the Quran, Allah said: “Zakāh expenditures are only for the poor and for the needy and for those employed for it1 and for bringing hearts together [for Islām] and for freeing captives [or slaves] and for those in debt…
Read More » - Muslim Lifestyle
Practical Guide to Zakat Fitrah
Zakat fitrah is one of the obligations for Muslims that must be carried out before the Eid al-Fitr holiday. Zakat-ul-Fitr plays an important role in cleansing the wealth and soul as well as helping those in need of food on Eid. In this guide, we will discuss the details of Zakat Fitrah, including the evidence from the Quran and Hadith…
Read More » - Islamic Economics
Implementation of The Zakat System in The Modern Era
What is Zakat? Zakat is the third pillar of Islam, and it is one of the important pillars because relates to society and helps in the well-being public. Zakat term for taking part in treasures that have been required by Allah to be given to entitled groups to accept it. Condition mandatory Muslims giving zakat (Muzzaki) Muslim Baligh Sensible Assets owned…
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