Zakat, the Religious Obligation to Make Social Harmony
by Safiul Azam, FCMA Zakat is a religious obligation for all Muslims who meet the required criteria of wealth. It is one of the Five Pillars of Islam and not a charitable contribution. Zakat is based on income and the value of all of possessions by a Muslim. It is typically 2.5% (or 1/40th) of a […]
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