Understanding the concept of Zakat lies at the core of Islamic Belief system as Zakat has been declared as one of the basic pillars of this life system. Here we Business will try to illustrate the idea of Zakat and some directions to calculate Zakat on personal level.
Allah SWT Says: O! You who believe! Spend the good things you have ( legally) earned and of that which We have produced from the earth for you, and do not aim at that which is bad to spend from it, (though) you would not accept it save if you close your eyes and tolerate therein. And know that Allah is Rich (Free of All wants) and worthy all Praise.
Frequently Asked Questions
- What are the aims and objectives of the CZM?
- Who are behind the initiative of the CZM?
- Does my Zakat payment to CZM comply with Shariah?
- Does the CZM practice transparency in zakat money management?
- How can I calculate my Zakat?
Ruling on Zakat
- The Decrees delivered by the Islamic Jurisprudence Academy in Jeddah.
- Decrees issued by the Islamic Jurisprudence Academy in Mecca.
- The Decrees delivered by the First Zakat Conference.
- The Decrees delivered by the Third Conference of the Islamic Bank held in Dubai