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  • Monday, April 28, 2025
  • The Financial Encyclopedia
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Zakat Payability Conditions

From a shari’a perspective, zakat (mandatory alms) cannot (or need not) be payable unless a number of conditions are met....

    Characteristics of Zakah

    Zakah (زكاة) is Arabic for obligatory charity (the third pillar of Islam). It constitutes a portion of wealth prescribed by...

      Determination of Zakah Base

      The zakah base (receptacle; وعاء الزكاة) is typically calculated at a zakah rate which ranges from 2.5% to 20% depending...

        Difference Between Zakah and Sadaqah

        Zakah (زكاة) is Arabic for obligatory charity (the third pillar of Islam). It constitutes a portion of wealth prescribed by...

          Difference Between Zakah and Charity

          Zakah (زكاة) is Arabic for obligatory charity (the third pillar of Islam). It constitutes a portion of wealth prescribed by...

            Difference Between Zakah and Tax

            Zakah (زكاة) is Arabic for obligatory charity (the third pillar of Islam). It constitutes a portion of wealth prescribed by...