About site:

Domain name - zakah.ae

Site title - Etisalat Module Library -

Go to website - Etisalat Module Library -

Site GEO location

Location Country - United Arab Emirates

City/Town - Dubai

Provider - Emirates Telecommunications Group Company (etisalat Group) Pjsc

Site Logo

IP address:

5.195.192.98

All records:

☆ zakah.ae. 21596 IN A 5.195.192.98

Brief facts about zakah:

Zakāh is a form of almsgiving, often collected by the Muslim Ummah. It is considered in Islam as a religious obligation, and by Quranic ranking, is next after prayer in importance. Eight heads of zakat are mentioned in the Quran. As one of the Five Pillars of Islam, zakat is a religious duty for all Muslims who meet the necessary criteria of wealth to help the needy. It is a mandatory charitable contribution, often considered to be a tax. The payment and disputes on zakat have played a major role in the history of Islam, notably during the Ridda wars. Zakat on wealth is based on the value of all of one's possessions. It is customarily 2.5% of a Muslim's total savings and wealth above a minimum amount known as nisab each lunar year, but Islamic scholars differ on how much nisab is and other aspects of zakat.

Islamic economics - Islamic economics refers to the knowledge of economics or economic activities and processes in terms of Islamic principles and teachings. Islam has a set of special moral norms and values about individual and social economic behavior.

Islamic socialism - Islamic socialism is a political philosophy that incorporates Islamic principles into socialism. As a term, it was coined by various Muslim leaders to describe a more spiritual form of socialism.

Islamic taxes - Islamic taxes are taxes sanctioned by Islamic law. They are based on both "the legal status of taxable land" and on "the communal or religious status of the taxpayer". Islamic taxes include • zakat - one of the five pillars of Islam.

Riba - Riba is an Arabic word used in Islamic law and roughly translated as "usury": unjust, exploitative gains made in trade or business. Riba is mentioned and condemned in several different verses in the Qur'an. It is also mentioned in many hadith.

Sadaqah - Ṣadaqah in the modern Islamic context has come to signify "voluntary charity". According to the Quran, the word means a voluntary offering, whose amount is at the will of the benefactor. It is similar to zakat, or compulsory giving, one of the five pillars of Islam.

Qard al-Hasan - All loans in Islam are interest free. Qardh al-hasan is the one which is without a collateral. However some Ulama deem it a form of interest-free loan that is extended by a lender to a borrower on the basis of benevolence.

Arabic words and phrases

Islamic terminology