Zakat
Zakat is one of the five pillars of Islam and is compulsory for Muslims with a certain amount of assets. It's a religious tax paid annually to support the needy and poor. Likewise, it's a spiritual and financial obligation that helps to purify wealth and the
Zakat
Zakat Al-Fitr has a special significance in this holy month of Ramadan. It provides an opportunity to perform good deeds and help those who are less fortunate. In its essence, it's about showing kindness, mercy, and generosity towards others – all noble qualities that we should strive to achieve
Islamic Finance
Zakat is an important obligation in Islam. It is meant to help the poor and promotes the overall financial well-being of society. Every adult Muslim who has accumulated the level of wealth on which Zakat is obligatory must pay Zakat. This article will help you calculate Zakat on gold. Calculation
Islamic Finance
Zakat is one of the five pillars of Islam. Paying Zakat is a must if you are Sahib-un-nisaab. If you are contributing to a 401(k) account, and have accumulated the Nisaab, here is what you need to know about Zakat on 401(k) accounts. Different scholars have different views
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Islamic Finance
What is Zakat? The word Zakat has two meanings: purification, and growth and increase. In the light of the Quran and Sunnah, Zakat refers to a portion of a Muslim’s assets that must be spent according to the guidance in the Quran. Zakat is one of the five pillars