Zakah (Religious tax): Religious tax. An obligatory contribution which every wealthy Muslim is required to pay to the Islamic state or to distribute amongst the poor. According to Islam, zakat, which is the third pillar of Islam, purifies wealth and souls. Zakat is levied on cash, cattle, agricultural produce, minerals, and capital invested in business. Although there is a modern opinion that includes industrial capital in zakatable wealth, it is not the majority opinion. There are two types of zakat: zakat al fitr, which is payable by every Muslim who is able to pay at the end of Ramadan. This is also called zakah al-nafs (poll tax). Zakah al-mal is an annual levy on the wealth of a Muslim above a certain level. The rate paid differs according to the type of property owned.

Total Fatwas : 71
No. Title
1 Leasing Fund: Calculating Zakah
2 Leasing Investment Formula
3 Resolution No. 2: Zakah of Non-Fungible Objects and Lands Which Are Leased Out And Not Cultivated
4 Zakah on Leased Asset
5 Zakah on The Assets of a Factory
6 What Should Be Done with Small Cheques Issued to Accountholders Who Cannot Be Located or Contacted?
8 SETTING TRADERS’ PROFITS by Dr Yūsuf al-Qaraḍāwī
9 قرار رقم: 165 (3/18) بشأن تفعيل دور الزكاة في مكافحة الفقر وتنظيم جمعها وصرفها بالاستفادة من الاجتهادات الفقهية
10 قرار رقم 143 (1/16) بشأن زكاة الحسابات المقيدة وشركات التأمين الإسلامية والتأمينات النقدية ومكافآت نهاية الخدمة





I-FIKR Sponsors