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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 Zakat

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

      Difference Between Zakat and Tax

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