The Connection Between Zakat and The Economic System (Social Security)

......As zakat is a means of money passing from the hands of one person to another, who may benefit from it and dispose of it, and this is regulated by the general principles that are derived from the Qur’an and Hadith, we may say that in this sense zakat is indeed a part of the Islamic economic system; there are texts which explain the kinds of wealth on which zakat is to be paid and the amounts due, and those to whom zakat may be given, and how it is to be paid. All that is well known. [Find your answer here......]

Zakat, Sadaqah: Zakat

Minnies Islamic Blog

Asalamualaykum brothers and sisters! Today we are going to be talking about Zakat. When I say Zakat, the immidiate thought is ‘money’ because when you give zakat, you give money. Am I right or am I right? But the question is, why do we give is zakat? Well, the answer to that question is right over here! And a couple of other questions…

Zakat is one of the major religious duties in Islam. Literally, zakat means to “purify”. It refers to the purification of a believers’ wealth and soul. Wealth purification denotes the mobilization of assets for the purpose of financial growth and justified distribution. Purification of the soul implies freedom from hatred, jealousy, selfishness, uneasiness and greed. Other Quranic connotations also include the purification of sin.

In a way, you are right when you say that Zakat is giving money. But, you are wrong as well. Zakat is…

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Understanding Zakat.

Allah, the Almighty, prescribed Zakat on all Muslims and made it one of the five pillars of Islam. He says, "and establish prayer and give Zakat" [Al-Quran, Surah Al-Baqarah, verse 110]. The Prophet also said, "Islam is based on (the following) five (pillars): to testify that there is no deity save Allah and Muhammad is His Messenger, offer the (compulsory congregational) prayers, pay Zakat (obligatory charity), perform Hajj (Pilgrimage to Mecca) and observe fast during the month of Ramadan."...

Payment of Zakat

The prompt payment of Zakat is compulsory when the means are available, and it is not permissible to postpone its payment except in cases of necessity e.g. if the money is in a country that is far away, or the person is serving a jail term etc. Evidence for the prompt payment of Zakat is in Quran (which mean): “…but pay the due thereof on the day of its harvest” (Al-An’am: 141), “…and give Zakat” (An-Nur: 56); (a Qur’anic order), as an order necessitates prompt compliance....

Amil (Zakat Managers) Among Non-Muslims?

Amil or those who involved with the administration of zakat need to have the criteria and some kind of quality, among them, are; a mukallaf (religiously responsible), healthy body and knowledgeable about zakat matters. Amil is one of the asnaf which has been agreed upon without the dispute between ulama' (scholars) because the Quranic verse has clearly stated....